id
stringlengths 8
47
| symbol
stringclasses 10
values | title
stringlengths 5
183
| provider
stringclasses 59
values | provider_url
stringclasses 61
values | create_time
stringlengths 25
25
| url
stringlengths 54
240
| copyright
stringclasses 7
values | related_symbols
stringlengths 48
2.78k
⌀ | storyPath
stringlengths 28
226
⌀ | lang
stringclasses 3
values | description
stringlengths 7
313
⌀ | content
stringlengths 27
15.7k
⌀ | assets
stringclasses 5
values | type
stringclasses 1
value | symbol_name
stringclasses 3
values | source
stringclasses 1
value |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
benzinga:f0fe61a83094b:0 | QQQ | AMD's Latest Gaming Desktop Processor Fails to Impress Gamers and Creators, Early Tests Reveal | benzinga | https://benzinga.com/ | 2024-08-16T13:41:41+00:00 | https://www.tradingview.com/news/benzinga:f0fe61a83094b:0-amd-s-latest-gaming-desktop-processor-fails-to-impress-gamers-and-creators-early-tests-reveal/ | null | [{'symbol': 'NASDAQ:AMD', 'base_logoid': 'advanced-micro-devices'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}, {'symbol': 'AMEX:VOO', 'base_logoid': 'vanguard'}] | /news/benzinga:f0fe61a83094b:0-amd-s-latest-gaming-desktop-processor-fails-to-impress-gamers-and-creators-early-tests-reveal/ | EN | Advanced Micro Devices, Inc NASDAQ:AMD launched its first Zen 5 desktop processors earlier this month, and now, it is set to release its flagship Ryzen 9 9950X CPU. However, early reviews suggest that this new processor may disappoint gamers and productivity enthusiasts, the Verge reports.Hardware… | Advanced Micro Devices, Inc NASDAQ:AMD launched its first Zen 5 desktop processors earlier this month, and now, it is set to release its flagship Ryzen 9 9950X CPU. However, early reviews suggest that this new processor may disappoint gamers and productivity enthusiasts, the Verge reports.
Hardware Unboxed’s early tests show that the Ryzen 9 9950X offers only a 1% improvement in gaming performance over its predecessor.
Also Read:
The Ryzen 9 9950X also needs to improve in productivity tasks. Hardware Unboxed found that the new chip shows minimal gains in benchmarks such as Cinebench and Blender.
AMD stock lost 17% in stock value in the last 30 days amid a broader semiconductor selloff.
AMD recently identified called “SinkClose,” which affects several generations of EPYC, Ryzen, and Threadripper processors. This flaw can bypass security measures and remain unbeaten even after the operating system is fully reinstalled.
Interestingly, AMD stock is up 37% in the last 12 months. Investors can gain exposure to the stock through Invesco QQQ Trust, Series 1 NASDAQ:QQQ, and Vanguard S&P 500 ETF AMEX:VOO.
AMD Stock Prediction For 2024
Advanced Micro Devices’s revenue growth in FY23 was -3.9%, reflecting the influence of various factors including the macroeconomic environment, demand for its products and services, and its position relative to competitors. This growth is a critical indicator for investors assessing the company’s future prospects.
Some macro factors that could impact the company's performance in the next year include higher interest rates, progress on reeling in inflation and labor market strength. The Fed's benchmark rate is currently at 5.33%, while PPI recently came in at 0.1%, growing 2.2% from last year. The unemployment rate was most recently reported as 4.3%.
An investor should pay attention to economic conditions to decide whether they think the macro environment is positive or negative for Advanced Micro Devices stock. For real time economic data and breaking market updates,
How does this stack up against Advanced Micro Devices's peers?
Investors may also want to analyze a stock in comparison to companies with similar products or in similar industries. Advanced Micro Devices operates in the Information Technology sector. The stock has experienced average annual growth of 11.06% compared to the 10.43% average of its peer companies. This is below the broader sector movement of Advanced Micro Devices.
Price Actions: AMD shares were trading lower by 0.12% at $147.18 at the last check on Friday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
u_today:0b94646c7094b:0 | BTCUSDT | Bitcoin Q4 Rally on Horizon? BTC Price May Rip Higher If Past Trend Holds | u_today | https://u.today | 2024-08-16T13:41:00+00:00 | https://www.tradingview.com/news/u_today:0b94646c7094b:0-bitcoin-q4-rally-on-horizon-btc-price-may-rip-higher-if-past-trend-holds/ | null | [{'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}] | /news/u_today:0b94646c7094b:0-bitcoin-q4-rally-on-horizon-btc-price-may-rip-higher-if-past-trend-holds/ | EN | Julio Moreno, CryptoQuant's head of research, highlights that Bitcoin's price performance during halving years follows a pattern — one that could lead to a major rally in the final months of this year."Bitcoin price performance in halving years:- 2024 performance really similar to 2016 and 2020 so… | Julio Moreno, CryptoQuant's head of research, highlights that Bitcoin's price performance during halving years follows a pattern — one that could lead to a major rally in the final months of this year.
"Bitcoin price performance in halving years:- 2024 performance really similar to 2016 and 2020 so," Moreno wrote in a tweet.
Bitcoin halving events, which occur approximately every four years and reduce the reward for mining new blocks by half, have historically been followed by substantial price increases.
#Bitcoin price performance in halving years:
- 2024 performance really similar to 2016 and 2020 so far.
- If the price is going to increase it will be in Q4. pic.twitter.com/WT8ER4zLL4— Julio Moreno (@jjcmoreno) August 15, 2024
Moreno points out that the price performance in 2024 has so far closely mirrored that of 2016 and 2020, both of which were halving years that saw Bitcoin's price rise significantly.
Bitcoin witnessed its most recent halving event on April 19, 2024, which saw the block reward for Bitcoin miners slashed by half, from 6.25 BTC to 3.125 BTC. Based on this historical trend, Moreno suggests that if Bitcoin's price is going to increase, it will likely be in Q4.
Bitcoin's price action
At the time of writing, BTC was up 0.43% in the last 24 hours to $58,423, recovering after two consecutive days of dropping. Bitcoin fell nearly 5% to reach lows of $56,120 in Thursday's trading session, retracing nearly all gains from the past week.
Much of the decline occurred after the latest July U.S. consumer price index (CPI) statistics were released late Wednesday. July's CPI rose by 2.9% year on year, as forecast, and fell below 3% for the first time since 2021. U.S.-listed spot Bitcoin ETFs had net outflows, with Grayscale's GBTC being the most affected.
Cryptocurrencies have been "sensitive" to U.S. economic data in recent months. If macroeconomic uncertainty persists, some traders predict BTC's price might drop near $55,000 in the short term, before a major rally.
Julio Moreno believes there are still risks of a correction in the short term, as the Bull-Bear Market Cycle Indicator is currently hovering in the "bear" phase.
Meanwhile, as Q4, 2024 approaches, the market is eagerly watching for signs of a potential rally - if the historical trend as highlighted above holds. It should, however, be borne in mind that past performance might not always be indicative of future results.
| crypto | null | null | null |
newsbtc:47242e7f6094b:0 | BTCUSDT | Bitcoin Risks Further Decline As Bearish Death Cross Returns | newsbtc | https://www.newsbtc.com | 2024-08-16T13:00:51+00:00 | https://www.tradingview.com/news/newsbtc:47242e7f6094b:0-bitcoin-risks-further-decline-as-bearish-death-cross-returns/ | null | [{'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}, {'symbol': 'BITSTAMP:BTCUSDT', 'logoid': 'crypto/XTVCUSDT', 'base_logoid': 'crypto/XTVCBTC'}] | /news/newsbtc:47242e7f6094b:0-bitcoin-risks-further-decline-as-bearish-death-cross-returns/ | EN | A crypto analyst has unveiled a new bearish death cross for Bitcoin (BTC), the world’s largest cryptocurrency. According to the analyst, Bitcoin is at risk of further price stalls before any potential upward movement. Bitcoin Prints Another Bearish Death CrossIn an X (formerly Twitter) post on Augu… | A crypto analyst has unveiled a new bearish death cross for Bitcoin (BTC), the world’s largest cryptocurrency. According to the analyst, Bitcoin is at risk of further price stalls before any potential upward movement.
Bitcoin Prints Another Bearish Death Cross
In an X (formerly Twitter) post on August 15, a crypto analyst identified as ‘Mags,’ shed light on Bitcoin’s recent price movements, emphasizing key pattern formations and the cryptocurrency’s future outlook. Sharing a chart illustrating Bitcoin’s price action from October 2023 to August 2024, Mags observed that BTC has printed a bearish death cross on the daily chart, where the 50-day Moving Average (50 MA) crosses below the 200-day Moving Average (200 MA).
The analyst indicated that the formation of this death cross signals a potential short-term weakness in the Bitcoin market. Generally, a death cross pattern in a cryptocurrency’s chart suggests the probability of further bearish momentum and price declines.
According to Mags, Bitcoin’s recent bearish cross is the second death cross the cryptocurrency has formed since its price bottom at $15,500. He revealed that the previous bearish cross had occurred in September 2023, when Bitcoin was trading at $25,000, representing less than half of its current price.
Following the 2023 bearish cross, Bitcoin traded sideways for several weeks, marked by considerable market volatility. However, the cryptocurrency’s price eventually regained momentum and reclaimed the moving averages. This led to a bullish cross, where 50 MA surpassed the 200 MA, triggering a strong upside rally.
Mags suggests that Bitcoin is currently replicating the same death cross pattern observed in previous trends. He predicts that the pioneer cryptocurrency will experience a few weeks of “choppy price action,” followed by a bullish confirmation if it succeeds in reclaiming the moving averages. The analyst further anticipates a significant bullish cross, potentially leading to a strong rally for Bitcoin.
Bullish Rise To $143,000?
In another X post, a crypto analyst identified as ‘Milkybull Crypto,’ shared a more optimistic price forecast for Bitcoin. By referencing a price chart that tracks Bitcoin’s movement from 2022 to the end of 2024, the analyst drew a parallel between the cryptocurrency’s current market situation and certain events that occurred in 2023.
According to Milkybull Crypto, many analysts had predicted a significant Bitcoin crash to $10,000 in 2023. However, the market defied these bearish expectations with an unexpected upward momentum.
The crypto analyst has disclosed that a similar situation was presently unfolding in the market, with most analysts calling for a Bitcoin cycle top. He expects that in the fourth quarter (Q4) of 2024, Bitcoin will exceed all predictions, rising towards $95,000, before experiencing a massive surge to $145,000.
As of the latest update, the price of Bitcoin is trading below the $59,000 mark. CoinMarketCap reports that the cryptocurrency had experienced a 4.32% decline over the past week which had pushed it to a current price to $58,484.
| crypto | null | null | null |
zacks:4defb36ed094b:0 | NVDA | NVIDIA Corporation (NVDA) Is a Trending Stock: Facts to Know Before Betting on It | zacks | http://www.zacks.com/ | 2024-08-16T13:00:19+00:00 | https://www.tradingview.com/news/zacks:4defb36ed094b:0-nvidia-corporation-nvda-is-a-trending-stock-facts-to-know-before-betting-on-it/ | null | [{'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}] | /news/zacks:4defb36ed094b:0-nvidia-corporation-nvda-is-a-trending-stock-facts-to-know-before-betting-on-it/ | EN | Nvidia NASDAQ:NVDA is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this maker of graphics chips for gaming and artificial intelligence have returned +1.5% ove… | Nvidia NASDAQ:NVDA is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this maker of graphics chips for gaming and artificial intelligence have returned +1.5% over the past month versus the Zacks S&P 500 composite's -1.5% change. The Zacks Semiconductor - General industry, to which Nvidia belongs, has lost 5.9% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings Estimates
Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, Nvidia is expected to post earnings of $0.63 per share, indicating a change of +133.3% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
The consensus earnings estimate of $2.69 for the current fiscal year indicates a year-over-year change of +106.9%. This estimate has remained unchanged over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $3.38 indicates a change of +25.8% from what Nvidia is expected to report a year ago. Over the past month, the estimate has changed +0.4%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Nvidia is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue Growth
While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For Nvidia, the consensus sales estimate for the current quarter of $28.24 billion indicates a year-over-year change of +109%. For the current and next fiscal years, $117.82 billion and $152.66 billion estimates indicate +93.4% and +29.6% changes, respectively.
Last Reported Results and Surprise History
Nvidia reported revenues of $26.04 billion in the last reported quarter, representing a year-over-year change of +262.1%. EPS of $0.61 for the same period compares with $0.11 a year ago.
Compared to the Zacks Consensus Estimate of $24.33 billion, the reported revenues represent a surprise of +7.02%. The EPS surprise was +11.48%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
Valuation
Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Nvidia is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Conclusion
The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Nvidia. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Zacks Investment Research
| stocks | null | null | null |
zacks:6e6393c45094b:0 | MSFT | Microsoft Corporation (MSFT) Is a Trending Stock: Facts to Know Before Betting on It | zacks | http://www.zacks.com/ | 2024-08-16T13:00:18+00:00 | https://www.tradingview.com/news/zacks:6e6393c45094b:0-microsoft-corporation-msft-is-a-trending-stock-facts-to-know-before-betting-on-it/ | null | [{'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}] | /news/zacks:6e6393c45094b:0-microsoft-corporation-msft-is-a-trending-stock-facts-to-know-before-betting-on-it/ | EN | Microsoft NASDAQ:MSFT has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this software maker have returned -4.4%, compared to the Zacks S&P 500 com… | Microsoft NASDAQ:MSFT has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this software maker have returned -4.4%, compared to the Zacks S&P 500 composite's -1.5% change. During this period, the Zacks Computer - Software industry, which Microsoft falls in, has lost 5.3%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings Estimates
Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, Microsoft is expected to post earnings of $3.09 per share, indicating a change of +3.3% from the year-ago quarter. The Zacks Consensus Estimate has changed -1.4% over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $13.04 points to a change of +10.5% from the prior year. Over the last 30 days, this estimate has changed -1%.
For the next fiscal year, the consensus earnings estimate of $15.04 indicates a change of +15.3% from what Microsoft is expected to report a year ago. Over the past month, the estimate has changed -2.2%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Microsoft.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue Growth
Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For Microsoft, the consensus sales estimate for the current quarter of $64.48 billion indicates a year-over-year change of +14.1%. For the current and next fiscal years, $277.3 billion and $314.8 billion estimates indicate +13.1% and +13.5% changes, respectively.
Last Reported Results and Surprise History
Microsoft reported revenues of $64.73 billion in the last reported quarter, representing a year-over-year change of +15.2%. EPS of $2.95 for the same period compares with $2.69 a year ago.
Compared to the Zacks Consensus Estimate of $64.19 billion, the reported revenues represent a surprise of +0.84%. The EPS surprise was +1.72%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
Valuation
Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Microsoft is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom Line
The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Microsoft. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Zacks Investment Research
| stocks | null | null | null |
zacks:b8042ac14094b:0 | 7203 | Here is What to Know Beyond Why Toyota Motor Corporation (TM) is a Trending Stock | zacks | http://www.zacks.com/ | 2024-08-16T13:00:13+00:00 | https://www.tradingview.com/news/zacks:b8042ac14094b:0-here-is-what-to-know-beyond-why-toyota-motor-corporation-tm-is-a-trending-stock/ | null | [{'symbol': 'NYSE:TM', 'base_logoid': 'toyota'}] | /news/zacks:b8042ac14094b:0-here-is-what-to-know-beyond-why-toyota-motor-corporation-tm-is-a-trending-stock/ | EN | Toyota Motor Corporation NYSE:TM is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this company have returned -9%, compared to the Zacks S… | Toyota Motor Corporation NYSE:TM is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this company have returned -9%, compared to the Zacks S&P 500 composite's -1.5% change. During this period, the Zacks Automotive - Foreign industry, which Toyota Motor falls in, has lost 12.3%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings Estimates
Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Toyota Motor is expected to post earnings of $4.85 per share for the current quarter, representing a year-over-year change of -25.8%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
The consensus earnings estimate of $21.61 for the current fiscal year indicates a year-over-year change of -14.8%. This estimate has changed -19.3% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $23.33 indicates a change of +8% from what Toyota Motor is expected to report a year ago. Over the past month, the estimate has changed +2.2%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Toyota Motor.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue Growth
While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For Toyota Motor, the consensus sales estimate for the current quarter of $79.39 billion indicates a year-over-year change of +0.3%. For the current and next fiscal years, $317.35 billion and $324.12 billion estimates indicate +1.7% and +2.1% changes, respectively.
Last Reported Results and Surprise History
Toyota Motor reported revenues of $75.94 billion in the last reported quarter, representing a year-over-year change of -1.2%. EPS of $6.35 for the same period compares with $7.05 a year ago.
Compared to the Zacks Consensus Estimate of $72.48 billion, the reported revenues represent a surprise of +4.78%. The EPS surprise was +58.35%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
Valuation
No investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Toyota Motor is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Conclusion
The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Toyota Motor. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Zacks Investment Research
| stocks | null | null | null |
u_today:f9bf29f88094b:0 | BTCUSDT | Michael Saylor's Bitcoin (BTC) Stash Now Stable at $13 Billion | u_today | https://u.today | 2024-08-16T12:54:00+00:00 | https://www.tradingview.com/news/u_today:f9bf29f88094b:0-michael-saylor-s-bitcoin-btc-stash-now-stable-at-13-billion/ | null | [{'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}] | /news/u_today:f9bf29f88094b:0-michael-saylor-s-bitcoin-btc-stash-now-stable-at-13-billion/ | EN | Michael Saylor's business intelligence company MicroStrategy has once again proven the durability of its Bitcoin investment strategy. The company's Bitcoin holdings recently hit a valuation of $13 billion, and it has maintained this noteworthy level in spite of the recent market correction.Even in… | Michael Saylor's business intelligence company MicroStrategy has once again proven the durability of its Bitcoin investment strategy. The company's Bitcoin holdings recently hit a valuation of $13 billion, and it has maintained this noteworthy level in spite of the recent market correction.
Even in the face of market volatility, this stability suggests that MicroStrategy's strategy for acquiring and holding Bitcoin is working. An important aspect of MicroStrategy's investment approach has been the company's journey to a $13 billion Bitcoin portfolio — consistently buying and amassing Bitcoin over time.
MicroStrategy kept adding to its holdings during market corrections, taking advantage of lower prices even as the overall market saw downturns. This strategy, in spite of fluctuations in the price of Bitcoin, has enabled the company to not only preserve but possibly increase the value of its portfolio. Bitcoin/USDT Chart by TradingView
MicroStrategy's high liquidation threshold is one of the main elements supporting its stability. Because of its strong liquidity position, the company can withstand market downturns without having to liquidate its Bitcoin holdings. MicroStrategy's financial stability enables it to keep adding to its Bitcoin holdings, thereby enhancing its standing as one of the biggest corporate Bitcoin holders globally.
The MicroStrategy Bitcoin purchase chart illustrates the company's methodical approach to purchasing, as evidenced by its consistent purchases despite transient price fluctuations. The company views Bitcoin as a valuable store of wealth and a hedge against inflation, which is consistent with this long-term perspective.
As a result of MicroStrategy's strategic approach to cryptocurrency investing, the company's Bitcoin portfolio has reached and maintained a valuation of $13 billion. MicroStrategy is in a strong position to stick with its Bitcoin accumulation strategy even in the face of market volatility because of its high liquidation threshold and strong liquidity position.
| crypto | null | null | null |
todayq:7eec8ce47094b:0 | BTCUSDT | Bank of Ghana Releases Draft Guidelines for Digital Assets | todayq | https://news.todayq.com/ | 2024-08-16T12:29:09+00:00 | https://www.tradingview.com/news/todayq:7eec8ce47094b:0-bank-of-ghana-releases-draft-guidelines-for-digital-assets/ | null | [{'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}] | /news/todayq:7eec8ce47094b:0-bank-of-ghana-releases-draft-guidelines-for-digital-assets/ | EN | In the August 2024 draft, the Bank of Ghana proposed a significant move towards regulating digital assets in the country. The Bank developed a draft in response to the increased usage of Bitcoin and Tether (USDT) in the region.The Bank of Ghana desires feedback from industry stakeholders and the ma… | In the August 2024 draft, the Bank of Ghana proposed a significant move towards regulating digital assets in the country. The Bank developed a draft in response to the increased usage of Bitcoin and Tether (USDT) in the region.
The Bank of Ghana desires feedback from industry stakeholders and the masses on its suggested regulatory measures for digital assets.
The draft gives way to a proactive creation of a regulatory pathway for digital assets. Collaborative efforts with various stakeholders ensure banks approach the laws developed after analyzing the responses from experts and the broader masses.
As per a bank study, Ghana’s digital asset usage has notably surged over the past three years. The growth is solely backed by the country’s high mobile money penetration, enabling effortless access to digital assets.
The national banks seek to engage with various stakeholders and collect information on their proposed regulatory measures by issuing these draft guidelines.
This combined approach assures that the final guidelines will be designed with diverse perspectives and expertise, eventually contributing to Ghana’s well-regulated digital asset ecosystem.
The draft notes that Ghana’s youths have pushed adoption and innovation, while elevated internet usage has facilitated seamless transactions and interactions. Unprecedented growth in online companies offering crypto and virtual asset services has contributed to the country’s digital assets growth.
The Bank recognizes the innovative and beneficial applications of digital assets. These include efficient cross-border payments, charitable donations, crowdfunding, international remittances, and economic opportunities presented by asset tokenization.
Digital assets can improve financial inclusion and promote economic development in Ghana.
Yet, the Bank also remains alert in addressing potential disadvantages associated with digital assets, including risks of money laundering, terrorism financing, fraud, and cyber theft.
Also, the Bank is concerned about capital flows and consumer protection. By acknowledging both the benefits and risks, the Bank of Ghana aims to balance elevating innovation and assuring a safe and stable financial environment.Other Market News
As per the recent ruling of the Dubai Court, salary payments in crypto are valid under employment contracts. An expert said the verdict will show a “progressive approach” to integrating digital assets into the country’s legal and economic framework.
Recently, Todayq reported that the Abu Dhabi Global Market has observed significant growth in establishing leading companies’ workplaces. As per available data, in H1, 2024, the registration of companies in ADGM grew 31%.
Chainalysis, a blockchain analysis firm, notes in its August 2024 report that the average amount the industry lost per heist grew more than 75% YTD (year to date).
The Ethereum chain faced 37 attacks in Q2, 2024, losing millions of dollars in cryptocurrencies. In Q2 2024, the ETH chain faced more attacks than the BNB chain.
Obeying the shift in the usage of cryptocurrencies globally, several leading banks have recognized digital assets significantly. Some traditional banks have shifted towards blockchain and a decentralized world.
| crypto | null | null | null |
coindesk:dc90e638c094b:0 | BTCUSDT | First Mover Americas: Crypto Trades Little Changed Following Thursday's Slide | coindesk | https://www.coindesk.com/ | 2024-08-16T12:22:16+00:00 | https://www.tradingview.com/news/coindesk:dc90e638c094b:0-first-mover-americas-crypto-trades-little-changed-following-thursday-s-slide/ | null | [{'symbol': 'BINANCE:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}, {'symbol': 'OANDA:ETHUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCETH'}] | /news/coindesk:dc90e638c094b:0-first-mover-americas-crypto-trades-little-changed-following-thursday-s-slide/ | EN | CoinDesk 20 Index: 1,888 −0.3% Bitcoin BINANCE:BTCUSD: $58,376 −0.7% Ether (ETC): $2,614 −1.0% S&P 500: 5,543.22 +1.6% Gold: $2,504 +2.1% Nikkei 225: 38,062.67 +3.64%Top StoriesThe crypto market was in quiet mode during the Asian and European mornings to end the week, with bitcoin 0.45% lower over… | CoinDesk 20 Index: 1,888 −0.3%
Bitcoin BINANCE:BTCUSD: $58,376 −0.7%
Ether (ETC): $2,614 −1.0%
S&P 500: 5,543.22 +1.6%
Gold: $2,504 +2.1%
Nikkei 225: 38,062.67 +3.64%
Top Stories
The crypto market was in quiet mode during the Asian and European mornings to end the week, with bitcoin 0.45% lower over 24 hours near $58,500. ETH lost 0.7%, while SOL led gains, adding 0.44%. The broader digital asset market, as measured by the CoinDesk 20 Index, is about 0.39% higher. Bitcoin capitulated to under $57,000 late Thursday, a drop for which there was no obvious catalyst, given that both the Nasdaq and S&P 500 were ticking upward at the time.
South Korea's National Pension Service has bought almost $34 million worth of MicroStrategy shares. Following the software company's 10:1 stock split earlier this month, the pension fund now owns 245,000 MSTR shares valued at $32.32 million, based on Thursday's closing price of $131.93. The purchase can be seen as an indirect investment in bitcoin because MicroStrategy is the largest corporate holder of the largest cryptocurrency. Earlier this month, Wall Street broker Benchmark raised its price target on the Michael Saylor-led firm to $2,150 from $1,875. Benchmark raised the target even though MicroStrategy missed its second-quarter revenue target. NPS also holds over $45 million worth of Coinbase shares.
The New York Stock Exchange scrubbed plans to list bitcoin ETF options, according to an SEC filing. The SEC extended its review period multiple times after publishing the NYSE proposal for public comment in February, eventually initiating formal proceedings in April. The proposal was withdrawn by the exchange before a final decision was made. CBOE, where a number of the bitcoin ETFs are traded, also withdrew its application, but has since refiled with a much more extensive proposal, according to documents spotted by Bloomberg's James Seyffart. The SEC hasn't provided public comment or feedback on the issue.
- Jamie Crawley
| crypto | null | null | null |
coindesk:9e663b266094b:0 | BTCUSDT | Bitcoin, Ether Held in BlackRock ETFs Cross Those of Grayscale’s for the First Time | coindesk | https://www.coindesk.com/ | 2024-08-16T11:58:35+00:00 | https://www.tradingview.com/news/coindesk:9e663b266094b:0-bitcoin-ether-held-in-blackrock-etfs-cross-those-of-grayscale-s-for-the-first-time/ | null | [{'symbol': 'BINANCE:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}, {'symbol': 'BINANCE:ETHUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCETH'}] | /news/coindesk:9e663b266094b:0-bitcoin-ether-held-in-blackrock-etfs-cross-those-of-grayscale-s-for-the-first-time/ | EN | BlackRock’s spot bitcoin BINANCE:BTCUSD and ether BINANCE:ETHUSD exchange-traded funds (ETFs) have flipped Grayscale’s products for the first time to become the largest crypto-focused publicly traded funds in terms of assets under management.BlackRock’s bitcoin ETF, IBIT, and ether ETF, ETHA, overt… | BlackRock’s spot bitcoin BINANCE:BTCUSD and ether BINANCE:ETHUSD exchange-traded funds (ETFs) have flipped Grayscale’s products for the first time to become the largest crypto-focused publicly traded funds in terms of assets under management.
BlackRock’s bitcoin ETF, IBIT, and ether ETF, ETHA, overtook Grayscale’s GBTC, BTC Mini, ETHE and ETH Mini, according to on-chain holdings on Friday. The company’s ETFs now have the largest collective holdings of any provider, on-chain analysis tool Arkham said in an X post.
As of Friday, BlackRock’s ETF Holdings cumulatively held over $21.217 billion, compared to Grayscale's $21.202 billion across its ETFs.
Flows data shows GBTC recorded outflows of $25 million on Thursday, while BlackRock had no net inflows or outflows. Grayscale’s ETHE recorded $42 million in net outflows, while BlackRock’s ETHA took on $740,000 in net inflows, SoSoValue data shows.
IBIT became the biggest bitcoin ETF by assets under management in May, topping the $20 billion mark in June after their January release. Grayscale’s GBTC have lost $19.57 billion worth of BTC since January, data shows.
| crypto | null | null | null |
cointelegraph:83e153bea094b:0 | BTCUSDT | Institutional adoption of Bitcoin ETFs surges 27% in Q2 | cointelegraph | https://cointelegraph.com | 2024-08-16T11:09:02+00:00 | https://www.tradingview.com/news/cointelegraph:83e153bea094b:0-institutional-adoption-of-bitcoin-etfs-surges-27-in-q2/ | null | [{'symbol': 'BINANCE:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}, {'symbol': 'BITSTAMP:BTCUSDT', 'logoid': 'crypto/XTVCUSDT', 'base_logoid': 'crypto/XTVCBTC'}] | /news/cointelegraph:83e153bea094b:0-institutional-adoption-of-bitcoin-etfs-surges-27-in-q2/ | EN | The institutional adoption of spot Bitcoin exchange-traded funds (ETFs) saw a significant uptick during the second quarter of 2024 despite Bitcoin’s recent correction.Institutional adoption of the US spot Bitcoin ETFs grew by over 27% during the second quarter of 2024.Over 262 new firms have invest… | The institutional adoption of spot Bitcoin exchange-traded funds (ETFs) saw a significant uptick during the second quarter of 2024 despite Bitcoin’s recent correction.
Institutional adoption of the US spot Bitcoin ETFs grew by over 27% during the second quarter of 2024.
Over 262 new firms have invested in spot Bitcoin ETFs, according to Vetle Lunde, a senior analyst at K33 Research, who wrote in an Aug. 16 X post:
“According to 13F filings, 1,199 professional firms held investments in U.S. spot ETFs as of June 30, marking an increase of 262 firms over the quarter.”
Continued institutional ETF adoption could significantly bolster Bitcoin’s BINANCE:BTCUSD price since institutions hold large amounts of capital that can move crypto markets. Bitcoin needs continued institutional adoption to reach new all-time highs.
Retail investors still hold the majority of Bitcoin ETFs
Despite the growing institutional adoption of Bitcoin ETFs, retail investors are still the largest holder cohort, according to Lunde:
“While retail investors still hold the majority of the float, institutional investors increased their share of total assets under management (AUM) by 2.41 percentage points, now accounting for 21.15% in Q2.”
Institutional investors only owned 18.7% of the total ETF AUM during the first quarter of 2024.
Uptick in institutional Bitcoin ETF exposure unable to lift Bitcoin above $60,000
Bitcoin price has been struggling to gain momentum past the $60,000 psychological mark despite the growing institutional portfolio allocation to US Bitcoin ETFs.
Bitcoin fell under $60,000 on Aug. 14. The world’s first cryptocurrency is down 3.3% on the weekly chart, trading at $58,370 as of 10:49 am UTC.
Contributing to the price slump, Bitcoin ETF inflows continue to stagnate. ETF inflows turned positive on Aug. 15, with over $11 million worth of inflows, according to Farside Investors data.
However, this is far less than the $81.4 million worth of cumulative outflows recorded on Aug. 14.
ETF inflows can significantly contribute to a cryptocurrency’s price appreciation. For Bitcoin, ETFs accounted for about 75% of new investment in the cryptocurrency by Feb. 15 as it surpassed the $50,000 mark.
| crypto | null | null | null |
benzinga:d00f08aa4094b:0 | QQQ | US Stocks Strive To Keep Winning Run Alive As Kamala Harris Prepares To Unveil Economic Policy: Analyst Says 'Risk-On' Sentiment Will Persist Until This Event | benzinga | https://benzinga.com/ | 2024-08-16T10:38:29+00:00 | https://www.tradingview.com/news/benzinga:d00f08aa4094b:0-us-stocks-strive-to-keep-winning-run-alive-as-kamala-harris-prepares-to-unveil-economic-policy-analyst-says-risk-on-sentiment-will-persist-until-this-event/ | null | [{'symbol': 'NASDAQ:MAT', 'base_logoid': 'mattel'}, {'symbol': 'NYSE:HRB', 'base_logoid': 'block-h-and-r'}, {'symbol': 'NYSE:FLO', 'base_logoid': 'flowers-foods'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}] | /news/benzinga:d00f08aa4094b:0-us-stocks-strive-to-keep-winning-run-alive-as-kamala-harris-prepares-to-unveil-economic-policy-analyst-says-risk-on-sentiment-will-persist-until-this-event/ | EN | Wall Street appears on track to build on gain as expectations concerning a continued moderation in inflation and soft-landing gain ground. The major index futures point to a modestly higher open on Friday as the S&P 500 and the Nasdaq Composite indices look to extend their six-day winning run. Vice… | Wall Street appears on track to build on gain as expectations concerning a continued moderation in inflation and soft-landing gain ground. The major index futures point to a modestly higher open on Friday as the S&P 500 and the Nasdaq Composite indices look to extend their six-day winning run. Vice President Kamala Harris, who is running for the presidency, is due to scheduled for Friday.
The market could draw cues from her speech, as traders assess the implications of the policy proposals for the various sectors and stocks. A sneak peek provided by the Democratic Party’s nominee already suggests an accent on residential construction. A consumer sentiment reading and a speech by a Federal Reserve official could also impact sentiment.
FuturesPerformance (+/-)Nasdaq 100+0.16%S&P 500+0.02%Dow+0.05%R2K-0.41%Cues From Last Session:
A set of benign economic data accelerated the market rally on Thursday, with the S&P 500 and the Nasdaq Composite indices settling higher for a sixth straight session. Retail sales jumped more than expected in July with the upside commendable even after giving effect the two-tenths of a percentage point downward revision to the June number. The upside was fueled by auto sales. Retail sales growth that excludes autos also was a healthy 0.4%.
Also allaying growth concerns were an unexpected decline in weekly jobless claims and a not-so-steep contraction as expected in manufacturing activity in the New York and Philadelphia regions.
The major averages gap opened higher and saw a steady rise until the afternoon before going about a consolidation move for the rest of the session. The Nasdaq Composite and the Dow Industrials hit fresh two-week highs, while the S&P 500 ended at its highest level since July 23.
All but two of the 11 S&P sectors advanced, led by consumer discretionary and IT stocks, while defensive utility and real estate stocks moved to the downside.
IndexPerformance (+/)ValueNasdaq Composite+2.34%17,594.50S&P 500 Index+1.61%5,543.22Dow Industrials+1.39%40,563.06Russell 2000+2.45%2,135.47Insights From Analysts:
The market rally may have further legs, according to Fund Strat Head Of Research Tom Lee. “While bottoms are a ‘process,’ a good July Core CPI tilts ‘risk-on’ at least until Jackson Hole (8/22-8/24),” said the strategist.
Fund manager Louis Navellier is also positive about the market trajectory, stating that “Market momentum is alive and well.”
Data reinforces the resilience of consumers and the labor market, the fund manager said. “While this may give the Fed pause on how quickly to trim rates, it doesn’t appear that elevated rates are restraining the economy as much as some conclude, and leaves dry powder for the potential slowdown that continues to be pushed forward quarter after quarter,” he added.
Upcoming Economic Data:
The Commerce Department is scheduled to release the housing start and building permits report for July at 8:30 a.m. EDT. Economists, on average, expect housing starts to come in at a seasonally-adjusted annual rate of 1.34 million units for July, down only slightly from June’s rate of 1.35 million units. Building permits – a measure of future starts may have declined from 1.45 million units in June to 1.42 million units in July. The University of Michigan is set to release the results of its preliminary consumer sentiment survey at 10 a.m. EDT. The consensus estimate calls for the headline consumer sentiment to come in at 66.6 for August, slightly up from 66.4 in July. The forward inflation expectations readings of the report may also evince some interest.Chicago Fed President Austan Goolsbee is scheduled to speak at 1:25 p.m. EDT.See Also:
Stocks In Focus:
Applied Materials, Inc. NASDAQ:MAT fell nearly 3% in premarket trading following the chip equipment maker’s quarterly results, and H&R Block, Inc. NYSE:HRB climbed over 9.5% on earnings.Flowers Foods, Inc. NYSE:FLO rose nearly 6% ahead of its earnings.Commodities, Bonds And Global Equity Markets:
Crude oil futures fell sharply after Thursday’s surge in the wake of the U.S. retail sales data, and gold futures rose modestly and are tantalizingly close to $2,500 an ounce. The 10-year Treasury yield eased 3.2 points to 3.894%. Bitcoin USD rose modestly and traded past the $58.5 level.
Asian stocks rallied across the board, encouraged by Wall Street’s scintillating rally. Japan’s Nikkei 225 soared 3.64% as the yen weakened against the dollar amid the strong U.S. data. European stocks also advanced in early trading on Friday.
Read Next:
Stocks Photo by Jirapong Manustrong on Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
DJN_DN20240816001842:0 | NVDA | Nvidia Stock Gains. The Latest Signs of Chip Demand Are Good. — Barrons.com | dow-jones | https://www.tradingview.com/news/providers/dow-jones/ | 2024-08-16T09:39:00+00:00 | https://www.tradingview.com/news/DJN_DN20240816001842:0/ | 2024 Dow Jones & Company, Inc. All rights reserved. | [{'symbol': 'NASDAQ:AMD', 'base_logoid': 'advanced-micro-devices'}, {'symbol': 'NASDAQ:AVGO', 'base_logoid': 'broadcom'}, {'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}] | /news/DJN_DN20240816001842:0/ | EN | By Adam ClarkNvidia shares were rising early on Friday as the chip maker looks to end the week in a positive fashion, in line with the wider market.Nvidia shares were up 0.4% at $123.39 in premarket trading. The stock closed up 4.1% on Thursday.The move was in line with the wider market, with futur… | By Adam Clark
Nvidia shares were rising early on Friday as the chip maker looks to end the week in a positive fashion, in line with the wider market.
Nvidia shares were up 0.4% at $123.39 in premarket trading. The stock closed up 4.1% on Thursday.
The move was in line with the wider market, with futures for the tech-heavy Nasdaq 100 gaining 0.2%. Nvidia shares have rallied from their recent lows of below $100 and are now back above their 50-day moving average, after a dip below the short-term trendline over the past month.
Investors seem to be taking an upbeat perspective ahead of Nvidia's earnings report on Aug. 28. The company is likely to need to beat consensus expectations for earnings of 64 cents a share and revenue of $28.60 billion to keep the momentum going, but it has made a habit of blowing past analysts' forecasts.
While this earnings season has been mixed with respect to AI, large cloud-computing companies have continued to signal they will invest heavily in the technology. The latest company to benefit from that trend was chipmaking equipment provider Applied Materials, which late Thursday reported better-than-expected results, saying that it benefited from the "race for AI."
Among other chip makers, Advanced Micro Devices was rising 0.2% and Broadcom was up 0.1% in premarket trading.
Write to Adam Clark at adam.clark@barrons.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
| stocks | null | null | null |
cointelegraph:b6599e645094b:0 | BTCUSDT | Bitcoin price bounces 4% as triple 'death cross' sparks sub-$50K warning | cointelegraph | https://cointelegraph.com | 2024-08-16T09:32:29+00:00 | https://www.tradingview.com/news/cointelegraph:b6599e645094b:0-bitcoin-price-bounces-4-as-triple-death-cross-sparks-sub-50k-warning/ | null | [{'symbol': 'BINANCE:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}, {'symbol': 'BITSTAMP:BTCUSDT', 'logoid': 'crypto/XTVCUSDT', 'base_logoid': 'crypto/XTVCBTC'}] | /news/cointelegraph:b6599e645094b:0-bitcoin-price-bounces-4-as-triple-death-cross-sparks-sub-50k-warning/ | EN | Bitcoin BINANCE:BTCUSD rebounded past $58,000 on Aug. 16 after a “sweeping masterclass” cost both bulls and bears.BTC price targets retain trip below $50,000Data from Cointelegraph Markets Pro and TradingView confirmed a 4.4% BTC price recovery from lows of $56,150 the day prior.Coming on the back… | Bitcoin BINANCE:BTCUSD rebounded past $58,000 on Aug. 16 after a “sweeping masterclass” cost both bulls and bears.
BTC price targets retain trip below $50,000
Data from Cointelegraph Markets Pro and TradingView confirmed a 4.4% BTC price recovery from lows of $56,150 the day prior.
Coming on the back of the latest United States unemployment data, the dip posed problems for casual traders, with both buyers and sellers seeing liquidations.
The action was captured by order book liquidity data from monitoring resource CoinGlass. In the 24 hours to the time of writing, total BTC long and short liquidations stood at around $75 million.
“Bitcoin Sweeping masterclass today,” popular trader Daan Crypto Trades reacted in a post on X.
Fellow trader CrypNuevo likewise flagged a tap of range lows for BINANCE:BTCUSD, keeping the pair in a familiar intraday channel.
Before the sweep, trading resource Material Indicators had flagged another “death cross,” this time of 4-hour timeframes — an event which it said would help the market establish reliable longer-term support.
“The good news is, one way or another this has the potential to help the market validate a bottom for Bitcoin...or possibly create a new one,” part of X commentary stated.
At the same time, co-founder Keith Alan suggested the potential for much stronger BTC price downside — potentially taking the market not only back to six-month lows seen at the start of August but to a rising trendline currently at around $45,000.
As Cointelegraph reported, bulls are already contending with two “death crosses” on daily timeframes.
Bitcoin funding rates dip to ten-month lows
Looking at derivatives markets, onchain analytics platform CryptoQuant noted a rare occurrence over the past year.
Related: US gov’t Bitcoin sale ‘doesn’t affect anything’ as analyst blames bears
Funding rates, contributor EgyHash noted, were at their most negative in nearly a year.
"The funding rates of Bitcoin on Binance have been negative for the third consecutive day, reaching levels not seen since October 2023. The average Bitcoin funding rate indicator that counts the funding rates on all exchanges is now also negative," he wrote in a Quicktake blog post on Aug. 16.
"This means that short positions are now dominating the perpetual market."Negative funding rates can reflect spoiling market sentiment, but also lay the foundations for a "squeeze" of short positions when broad sentiment calls for further price downside.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
| crypto | null | null | null |
DJN_DN20240816001740:0 | MSFT | Carbon-Removal Firms Have One Very Big Backer. That's a Problem. — WSJ | dow-jones | https://www.tradingview.com/news/providers/dow-jones/ | 2024-08-16T09:30:00+00:00 | https://www.tradingview.com/news/DJN_DN20240816001740:0/ | 2024 Dow Jones & Company, Inc. All rights reserved. | [{'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}] | /news/DJN_DN20240816001740:0/ | EN | By Yusuf KhanCarbon-removal projects that suck CO2 out of the atmosphere are getting increasingly popular among companies looking to offset their emissions, with investment more than doubling in just the past year. Most of the money, however, is coming from just one buyer: Microsoft.The tech giant… | By Yusuf Khan
Carbon-removal projects that suck CO2 out of the atmosphere are getting increasingly popular among companies looking to offset their emissions, with investment more than doubling in just the past year. Most of the money, however, is coming from just one buyer: Microsoft.
The tech giant has the deep pockets to back these expensive removal projects. More companies will need to get on board if the sector is to reach a scale that could eventually lower costs for smaller businesses looking to buy the offsets.
To this end, a nascent industry has formed aimed at helping firms without big budgets to get in on the act. Companies such as Patch, CUR8 and CarbonX are working as a kind of market maker, linking corporate buyers with carbon project developers to get new projects off the ground and scale the market.
CUR8, based in London, creates portfolios of carbon-removal projects for its clients, freeing them from the task of having to perform due diligence on the projects themselves. It counts British Airways, Coca-Cola and Standard Chartered among its customers.
The company sets up multiyear offtake agreements — in which a buyer pays for each ton of carbon removed once it has been verified that a project has removed it — between its clients and developers to finance projects. Once a deal is in place, a developer can say that it has been contracted to produce a certain amount of credits to a lender and gain the financing it needs to get the project off the ground.
Removal credits, for projects that pull carbon dioxide out of the atmosphere, are seen as higher quality than credits for projects that simply reduce emissions by preventing their release, known as avoidance credits. Because of that, they are also much more expensive. While an avoidance credit for a project promoting, say, smokeless stoves can cost less than $20 a ton, a removal credit for the latest direct-air capture technology can cost as much as $1,100 a ton, according to BloombergNEF.
Investment in removal projects should start to lower the cost, according to Kyle Harrison, head of sustainability research at BloombergNEF. "Signing these deals gets economies of scale, developers are going to gain skills and bring down the cost over time," he said.
Marta Krupinska, chief executive of CUR8, says by creating portfolios of projects, companies can invest in a wider range of projects, spreading risk and avoiding just a few types of technologies. It also allows companies to work to a specific budget.
Patch, based in San Francisco, also invests in carbon offsets but includes projects that aren't limited to just carbon removal, such as forestry protection. "We provide an education on how you should budget for CO2 removal," said Brennan Spellacy, CEO and co-founder of Patch. The platform allows companies to purchase credits on the spot or sign up to multiyear offtake agreements.
Large businesses say buying removal credits represents one of the only ways in which they can hit net-zero goals, especially when considering supply chain emissions, also known as scope 3.
Microsoft is using removal credits to meet its 2050 target of being "carbon negative" for its historical emissions, going back to its founding in 1975.
The tech giant has made more than two thirds of all carbon-removal purchases to date, committing to at least 8 million tons of carbon dioxide removal worldwide. In the process it has funded the launch of many startup developers. Brian Marrs, senior director of carbon removal and energy at Microsoft, says that by buying removals from young companies, innovation in the industry gets a kick-start. "You're pushing solutions into the market and then pulling them forward into mature companies," he said.
Frontier, a group of buyers that includes Google-parent Alphabet, consulting firm McKinsey and Co. and payments giant Stripe, has committed to purchasing $1 billion of carbon removals by 2030 and has invested about $317 million to date, largely through long-term agreements or advanced market commitments.
Nan Ransohoff, head of climate at Stripe who also leads Frontier, said one of the main issues for startups is working out whether or not there will be demand for their removals. "The value of an advanced market commitment is that it sends a really loud signal to entrepreneurs and investors that there is going to be a market for the technologies that they are building and this is the value of pooling funds."
One company in which both Frontier and Microsoft has invested is Lithos, a startup that is developing a technology known as enhanced rock weathering, where crushed basalt rock is spread over soil to capture carbon dioxide from the air in a reaction between the air, rain and minerals in the rock. Lithos says that the funding it has received has accelerated its development by years.
"Something that's very challenging in our market is you're not buying the car, you're not buying a desk, it's not physically tangible in the same way and so it's really hard to define," said Mary Yap, CEO of Lithos. "It allows us to prove to our suppliers like the quarries that we work with, the farmers that we work with, that we are a legitimate group, that we're not just like a fun upstart two-and-a-half-year-old company with some research."
Write to Yusuf Khan at yusuf.khan@wsj.com
| stocks | null | null | null |
todayq:b8abdbe62094b:0 | BTCUSDT | Trump Reveals $1M in Crypto, $300K from Bible Sales | todayq | https://news.todayq.com/ | 2024-08-16T09:28:27+00:00 | https://www.tradingview.com/news/todayq:b8abdbe62094b:0-trump-reveals-1m-in-crypto-300k-from-bible-sales/ | null | [{'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}] | /news/todayq:b8abdbe62094b:0-trump-reveals-1m-in-crypto-300k-from-bible-sales/ | EN | Donald Trump made some stunning revelations about his financial holdings on Thursday. The Republican Presidential candidate and former US President has declared about owning over $1 Million in crypto. Out of this amount, he is said to have earned $300,000 by selling branded Bibles.“The Greenwood Bi… | Donald Trump made some stunning revelations about his financial holdings on Thursday. The Republican Presidential candidate and former US President has declared about owning over $1 Million in crypto. Out of this amount, he is said to have earned $300,000 by selling branded Bibles.
“The Greenwood Bible” is the branded Bible sold under Trump’s business name, and it includes handwritten phrases from “God Bless the U.S.A.,” a song by Lee Greenwood. This Bible costs $59.99. The signed copy of the branded Bible Bible is being sold for $1,000. Trump has earned around $300,000 from selling these Bibles.
📈💰 Did you know that Former President Donald Trump holds over $1 million in Ether and is making a fortune from NFT licensing fees? What are your thoughts on this crypto revelation? Donald Trump’s Crypto Earnings 2024: A U-Turn
As per the recent reports of CNBC, Trump has an investment of $1- 5 Million in digital assets. His disclosure details revealed that he owns a virtual Ethereum key and a crypto wallet. Trump’s declaration proves that he holds substantial stakes in cryptocurrency.
If we go back in time, Trump had stated that cryptocurrency is a scam. This tune shift depicts his perspective after observing the market trends and youth’s interest. Industry lobbying and supporters’ trust in crypto are the factors that have shaped his keen interest in the digital asset.
Recently, he was seen getting less hostile towards crypto investing. Trump was also rallying for U.S. participation in this digital currency. Having a “crypto army” as a part of his campaign reminds him of his involvement in crypto investing.
Truth Social, Trump’s social media company has a valuation between $5-25 Million. Although with gradual progress, his social media agency now costs $50 Million, as per the latest declaration. He has also invested in multiple Chinese ventures in the last two years. These declarations are a part of the rule that makes it compulsory for the officeholders and candidates to declare their income.Donald Trump Jr.’s Crypto Declaration
A lot of rumors are swirling about our crypto project. To get the real story and stay updated with official announcements, join our official Telegram channel. Don’t rely on speculation—get the news directly here!
Trump’s son has recently unveiled their official Telegram channel named “The DeFiant Ones” for their highly awaited crypto project.
This announcement came on X, highlighting its importance for official updates and sidestepping speculations. This Telegram channel will be the primary source of information and updates about the Trump-crypto project. The update has invited massive attention and hinted towards a significant initiative into DeFi and cryptocurrencies.
Although experts have predicted that the project will be substantial, we still do not have the details. This Telegram channel might act as a massive help for both Trump supporters and crypto-enthusiasts.
| crypto | null | null | null |
the_block:d5455722d094b:0 | BTCUSDT | Bernstein rates bitcoin miners Riot, CleanSpark, IREN and Core Scientific as ‘outperform’ | the_block | https://www.theblock.co/?utm_medium=rss&utm_source=tradingview | 2024-08-16T09:23:54+00:00 | https://www.tradingview.com/news/the_block:d5455722d094b:0-bernstein-rates-bitcoin-miners-riot-cleanspark-iren-and-core-scientific-as-outperform/ | null | [{'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}] | /news/the_block:d5455722d094b:0-bernstein-rates-bitcoin-miners-riot-cleanspark-iren-and-core-scientific-as-outperform/ | EN | In a bitcoin mining report card published today, Bernstein has rated Riot Platforms, CleanSpark, IREN and Core Scientific as "outperform" while rating Marathon Digital as "market perform."An outperform rating is a positive evaluation from an analyst suggesting a stock will exceed its market or sect… | In a bitcoin mining report card published today, Bernstein has rated Riot Platforms, CleanSpark, IREN and Core Scientific as "outperform" while rating Marathon Digital as "market perform."
An outperform rating is a positive evaluation from an analyst suggesting a stock will exceed its market or sector performance. Conversely, a market perform rating is a neutral assessment indicating expected average performance.
The assessments are based on five key metrics: production and hash rate, operational and energy efficiency, power, hash costs, and each company's artificial intelligence strategy.
According to Bernstein, the three largest bitcoin producers are Marathon, Core Scientific and CleanSpark, with the latter two standing out on realized hash rate. At the same time, Riot is lagging in production and efficiency, though it offset this with power credits and improved production efficiency last month.
In terms of operational and energy efficiency, Bernstein claims CleanSpark and IREN "are in the sweet spots of energy efficiency and realized hash rate/uptime." The analysts also see Marathon improving its uptime efficiency by moving to a self-mining model.
Riot and Core Scientific are the leaders when it comes to operational power capacity, Bernstein noted. However, IREN may catch up in the future as it reportedly "has two mega sites in the works" in Texas.
Core Scientific is also the "best in class" when it comes to hashcost, thanks primarily to low power costs and strong uptime. Riot and CleanSpark are behind Core Scientific in this metric, while Marathon continues to work toward improving its hashcost.
Finally, Core Scientific is "a clear leader on AI strategy," according to Bernstein, having allocated significant resources to data centers. The analysts identified IREN as remaining "a promising" story when it comes to AI/HPC, thanks to its Texas mega sites being available for deals with AI hyper scalers and its appointment of Morgan Stanley to explore AI deals for these sites.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
| crypto | null | null | null |
newsbtc:86f58124c094b:0 | BTCUSDT | Sovereign Wealth Funds Could Take Bitcoin To $148,000: Researcher | newsbtc | https://www.newsbtc.com | 2024-08-16T09:00:42+00:00 | https://www.tradingview.com/news/newsbtc:86f58124c094b:0-sovereign-wealth-funds-could-take-bitcoin-to-148-000-researcher/ | null | [{'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}] | /news/newsbtc:86f58124c094b:0-sovereign-wealth-funds-could-take-bitcoin-to-148-000-researcher/ | EN | In the latest episode of the podcast “The Bitcoin Layer,” Daniel Batten, a recognized advocate for Bitcoin, discussed the potential impact of sovereign wealth funds (SWFs) on the Bitcoin price, predicting a rise to over $148,000 per BTC should these funds decide to invest even a minimal fraction of… | In the latest episode of the podcast “The Bitcoin Layer,” Daniel Batten, a recognized advocate for Bitcoin, discussed the potential impact of sovereign wealth funds (SWFs) on the Bitcoin price, predicting a rise to over $148,000 per BTC should these funds decide to invest even a minimal fraction of their assets. With $35.7 trillion under management between SWFs and public pension funds, a 1% allocation could have a significant impact on Bitcoin’s valuation.
Batten’s analysis hinges on the sheer scale of assets managed by SWFs and public pension funds, noting that even a fractional investment compared to their total assets could have a profound impact on the market. He explained, “If a 1% deployment into Bitcoin were to happen, we can calculate based on the current ratio of dollar invested to market cap increase that it would lift Bitcoin price to over $148,000.”
Why Sovereign Wealth Funds Are Likely To Buy Bitcoin
The primary roadblock, according to Batten, is not a lack of interest but a lack of permissible investment frameworks within these funds, particularly concerning ESG (Environmental, Social, and Governance) criteria. “All of the Sovereign wealth funds want to invest into Bitcoin. It’s not through lack of want,” Batten quoted Kevin O’Leary, highlighting that these funds are currently constrained by their ESG investment committees. These committees are yet to be convinced of Bitcoin’s environmental credentials, which Batten believes are now significantly more positive than the general perception, marred by outdated information.
Batten suggested that the ESG criteria, which are a significant factor in investment decisions for SWFs, are based on data that is at least three years old, and no longer accurately reflects the current state of Bitcoin mining technology and its environmental impact. “There’s a massive knowledge asymmetry where the knowledge that we now have about Bitcoin and its environmental benefits is now so different to what the ESG investment Committees of sovereign wealth funds believe about Bitcoin,” he stated.
In response to these challenges, Batten has not only conducted research but also begun direct engagement with SWFs, aiming to educate and update their ESG committees about the latest developments in Bitcoin’s environmental impact. His goal is to realign the outdated perceptions with current realities, thereby removing the barriers to their investment in Bitcoin.
Supporting his theory, Batten pointed to recent investments by state pension plans in the US, such as those by Wisconsin and Michigan, which, despite being small in scale, had significant media impact and positively influenced market perceptions. “Wisconsin invested […] a total through Grayscale mainly. I believe their current position is around $160 million; that’s nothing compared to their total AUM […] however, even that very small allocation […] had a major impact on Bitcoin price that day,” Batten remarked.
Overall, Batten believes that SWF’s can not only contribute to a Bitcoin bull run, but they can also help stabilize and legitimize the market for broader, more conservative investment audiences. Moreover, he believes that it’s more likely that WSF’s will invest in Bitcoin than having another major nation state or big company like MicroStrategy.
He concluded, “Yes there is a blocker and there is effort required to go through it and it is hard but it’s nowhere near as hard in my view as convincing a nation state to adopt Bitcoin. So this is an area where whilst it’s hard, it’s not as hard as other areas and it’s also that there’s only one blocker there’s not a whole bunch of them and in most cases that is the ESG investment committee.”
At press time, BTC traded at $58,500.
| crypto | null | null | null |
benzinga:65fc92f0e094b:0 | QQQ | US Stocks In Line For Boom Like 1995 As Soft Landing Appears On The Horizon, Says Expert | benzinga | https://benzinga.com/ | 2024-08-16T08:09:41+00:00 | https://www.tradingview.com/news/benzinga:65fc92f0e094b:0-us-stocks-in-line-for-boom-like-1995-as-soft-landing-appears-on-the-horizon-says-expert/ | null | [{'symbol': 'AMEX:SPY', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}] | /news/benzinga:65fc92f0e094b:0-us-stocks-in-line-for-boom-like-1995-as-soft-landing-appears-on-the-horizon-says-expert/ | EN | Paul Christopher, the head of global investment strategy at Wells Fargo, has projected a significant upswing in the stock market, comparable to the boom seen in 1995.What Happened: Christopher’s forecast draws on similarities between the current market conditions and those of 1995, a year that saw… | Paul Christopher, the head of global investment strategy at Wells Fargo, has projected a significant upswing in the stock market, comparable to the boom seen in 1995.
What Happened: Christopher’s forecast draws on similarities between the current market conditions and those of 1995, a year that saw the S&P 500 reach 77 all-time highs. He suggests that the combination of falling inflation and a stable economy, supported by the Commerce Department’s estimate of a 2.8% year-over-year GDP growth in Q2, could create a similar market climate, Business Insider reported on Friday.
Christopher’s prediction is largely dependent on the Federal Reserve’s proactive approach. He expects a 50-basis-point rate cut in September, with additional cuts by the end of the year. He believes these steps could facilitate a soft landing for the economy.
Since the Fed began increasing interest rates in March 2022 to control inflation, the market has been closely monitoring potential rate cuts. Nevertheless, inflation has significantly decreased from its peak in the summer of 2022, with the Bureau of Labor Statistics reporting a 2.9% year-over-year increase in July.
See Also:
Despite anticipating more market volatility due to geopolitical tensions and the presidential election, Christopher sees potential for significant investor gains, particularly if the Fed eases policy appropriately. He also suggests that lower short-term interest rates could especially benefit financial and tech stocks.
Why It Matters: Investors are taking a cautious approach despite a potential for the S&P 500. Key data on the job market, consumer spending, and manufacturing activity could influence the trading direction.
Furthermore, the Russell 2000 is poised for its driven by renewed confidence in the U.S. economy’s resilience after recession fears unsettled markets earlier this month.
Lastly, July’s retail sales soared by 1% month-over-month, significantly exceeding expectations, while initial jobless claims for the previous week were lower than anticipated, easing labor market concerns.
Price Action: On Thursday, the SPDR S&P 500 ETF Trust AMEX:SPY, which tracks the S&P 500, closed 1.71% higher while the Invesco QQQ ETF NASDAQ:QQQ closed 2.53% higher, according to Benzinga Pro.
Read Next:
Trump-Era White House Official Anthony Scaramucci Says Industry Leaders Want Bipartisan Commitment On Crypto Regulation: ‘We Don’t Want To Fight Any Side’Image via Shutterstock
This story was generated using Benzinga Neuro and edited by Pooja Rajkumari
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
cryptonews:a557af6e6094b:0 | BTCUSDT | Donald Trump Reveals $5M in Crypto Holdings, Nets $7M from NFT Foray | cryptonews | https://cryptonews.com | 2024-08-16T07:56:02+00:00 | https://www.tradingview.com/news/cryptonews:a557af6e6094b:0-donald-trump-reveals-5m-in-crypto-holdings-nets-7m-from-nft-foray/ | null | [{'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}, {'symbol': 'BITSTAMP:XRPUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCXRP'}, {'symbol': 'BITFINEX:EOSUST', 'logoid': 'crypto/XTVCUSDT', 'base_logoid': 'crypto/XTVCEOS'}, {'symbol': 'OANDA:ETHUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCETH'}, {'symbol': 'OANDA:BCHUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBCH'}, {'symbol': 'BITSTAMP:ETHEUR', 'logoid': 'country/EU', 'base_logoid': 'crypto/XTVCETH'}, {'symbol': 'BITSTAMP:BTCEUR', 'logoid': 'country/EU', 'base_logoid': 'crypto/XTVCBTC'}, {'symbol': 'BITSTAMP:XLMUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCXLM'}, {'symbol': 'BITSTAMP:BCHEUR', 'logoid': 'country/EU', 'base_logoid': 'crypto/XTVCBCH'}, {'symbol': 'OANDA:LTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCLTC'}, {'symbol': 'BITSTAMP:LTCEUR', 'logoid': 'country/EU', 'base_logoid': 'crypto/XTVCLTC'}, {'symbol': 'BITSTAMP:XLMEUR', 'logoid': 'country/EU', 'base_logoid': 'crypto/XTVCXLM'}, {'symbol': 'BITSTAMP:USDTUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCUSDT'}] | /news/cryptonews:a557af6e6094b:0-donald-trump-reveals-5m-in-crypto-holdings-nets-7m-from-nft-foray/ | EN | Ex-president Donald Trump has investments in crypto worth up to $5m and earned more than $7m from his venture into non-fungible tokens (NFTs), according to for the 2024 election.Based on the disclosures that the Citizens for Ethics group obtained, Trump reported owning Ether ranging in value from… | Ex-president Donald Trump has investments in crypto worth up to $5m and earned more than $7m from his venture into non-fungible tokens (NFTs), according to for the 2024 election.
Based on the disclosures that the Citizens for Ethics group obtained, Trump reported owning Ether ranging in value from $1m to $5m.
However, has pinpointed Trump’s holdings more precisely, indicating his wallet contains $3.6m in crypto. These include $1.29m in Ether and $989k in wrapped Ether. It’s unclear if Trump has increased his crypto investment or if his holdings grew due to Ethereum’s recent price rise.
His continued involvement with digital assets aligns with his pro-crypto promises for the election, while his family is also gearing up to enter the cryptocurrency market. His son, Donald Trump Jr., has started a Telegram channel named “The DeFiant Ones,” hinting at an upcoming reveal of the Trump family’s much-anticipated venture into the space.Trump’s NFT Earnings Soar to $7.2M
In the disclosure, Trump reported receiving about $7.2m from a licensing deal with NFT INT, LLC. The company markets digital NFT “trading cards” featuring the former president. His earnings from this agreement have surged from about $300,000 a year ago.
BREAKING: CREW has obtained Donald Trump's new financial disclosures.Read them here: — Citizens for Ethics (@CREWcrew)
US presidential candidates must file personal financial disclosures to ensure transparency and accountability. These disclosures help show that candidates have no conflicting interests that could influence their policy decisions if elected.
Trump’s Mar-a-Lago club in Palm Beach, Florida, was a significant income source. Still, it generated around $57m, a fall from the $65m he reported last time.Trump Woos Crypto Voters
Trump, who once called cryptocurrencies a “scam,” is now engaging with the crypto community actively. He’s attracting significant donations from supporters who hope to halt SEC Chair Gary Gensler’s regulatory actions.
In his latest effort to attract cryptocurrency voters, the Republican presidential candidate spoke at the Bitcoin 2024 conference. There, he made several campaign pledges, including a promise to establish a state Bitcoin reserve.
“Never sell your Bitcoin,” he told a cheering audience in Nashville.
| crypto | null | null | null |
u_today:6fca0f905094b:0 | BTCUSDT | US Government Is Selling Bitcoin, Top Lawyer Claims | u_today | https://u.today | 2024-08-16T07:30:20+00:00 | https://www.tradingview.com/news/u_today:6fca0f905094b:0-us-government-is-selling-bitcoin-top-lawyer-claims/ | null | [{'symbol': 'BITSTAMP:BTCUSDT', 'logoid': 'crypto/XTVCUSDT', 'base_logoid': 'crypto/XTVCBTC'}, {'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}, {'symbol': 'BITSTAMP:BTCUSDC', 'logoid': 'crypto/XTVCUSDC', 'base_logoid': 'crypto/XTVCBTC'}] | /news/u_today:6fca0f905094b:0-us-government-is-selling-bitcoin-top-lawyer-claims/ | EN | According to finance lawyer Scott Johnsson, the United States Marshals Service, a federal law enforcement agency, is "almost certainly" selling Silk Road-linked Bitcoin holdings.As reported by U.Today, the U.S. government sent nearly $600 million worth of Bitcoin to the Coinbase exchange on Aug. 14… | According to finance lawyer Scott Johnsson, the United States Marshals Service, a federal law enforcement agency, is "almost certainly" selling Silk Road-linked Bitcoin holdings.
As reported by U.Today, the U.S. government sent nearly $600 million worth of Bitcoin to the Coinbase exchange on Aug. 14.
Prior to that, the United States Marshals Service inked a partnership with the largest US trading platform for storing its confiscated coins. Many assumed that the US government simply sent these Bitcoins for custody. However, Johnsson is convinced already sold these coins or is selling them in the immediate future.
"Given the agreement requires USMS assets remain completely segregated, whenever a transfer is ultimately made to CB prime (or other commingled exchange address), you can be sure USMS has already sold or is selling imminently," he said in a social media post.
Once coins hit commingled addresses, it is "reasonable" to assume that they have been sold. "There was a backlog of forfeited BTC that was supposed to be sold already. Finalizing the services agreement appears to have been (at least part of) the hold-up," Johnsson added.
The US government's sales will be confirmed in the DOJ's Asset Forfeiture Program FY2024 report in January, according to the legal analyst.
According to data provided by Bitcoin Treasuries, the US government holds roughly $12.4 billion worth of Bitcoin. China's government comes in close second place with $11.1 billion.
Earlier this year, the German government went on a major Bitcoin selling spree, enraging cryptocurrency enthusiasts.
| crypto | null | null | null |
cointelegraph:d3e94f07d094b:0 | BTCUSDT | Bank of Ghana unveils draft rules for cryptocurrency exchanges | cointelegraph | https://cointelegraph.com | 2024-08-16T07:29:40+00:00 | https://www.tradingview.com/news/cointelegraph:d3e94f07d094b:0-bank-of-ghana-unveils-draft-rules-for-cryptocurrency-exchanges/ | null | [{'symbol': 'BINANCE:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}, {'symbol': 'BITSTAMP:USDTUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCUSDT'}, {'symbol': 'BITSTAMP:BTCUSDT', 'logoid': 'crypto/XTVCUSDT', 'base_logoid': 'crypto/XTVCBTC'}] | /news/cointelegraph:d3e94f07d094b:0-bank-of-ghana-unveils-draft-rules-for-cryptocurrency-exchanges/ | EN | The Bank of Ghana (BoG) proposed fresh regulatory measures for digital assets following an extensive internal review of Bitcoin BINANCE:BTCUSD, Tether BITSTAMP:USDTUSD and other cryptocurrencies.On Aug. 16, the central bank of the West African nation issued draft guidelines on digital assets while… | The Bank of Ghana (BoG) proposed fresh regulatory measures for digital assets following an extensive internal review of Bitcoin BINANCE:BTCUSD, Tether BITSTAMP:USDTUSD and other cryptocurrencies.
On Aug. 16, the central bank of the West African nation issued draft guidelines on digital assets while seeking feedback on the upcoming crypto regulations from the public and industry stakeholders.
According to the BoG, data collected over three years shows a significant increase in Ghana’s appetite for crypto. As a result, it intends to implement laws targeting risks related to money laundering and terrorism financing, fraud and other measures for consumer protection.
The central bank proposed an eight-pillar framework for crypto regulations, mainly intensifying the registration and reporting requirements of cryptocurrency exchanges or virtual asset service providers (VASPs).
Ghana pays special attention to crypto exchanges
If signed into law, the proposed regulations will require crypto exchanges to monitor and report suspicious transactions and comply with the FATF’s Travel Rule. Additionally, the bank plans to collaborate with external stakeholders such as commercial banks and offshore regulators.
“The Bank would collaborate with the Securities and Exchange Commission (SEC) to develop distinct complementary regulatory frameworks that encompass various applications or use cases of digital assets.”Curating crypto laws based on public feedback
Exchanges will also need to register with the BOG and undergo sandbox testing before being allowed to provide trading services in Ghana. The bank is currently seeking recommendations from industry players, experts and the public until Aug. 31.
“The bank will consider these inputs in determining the next steps forward,” the draft proposal said.
In May, Ghana Post, the country’s national postal service, launched a crypto stamp collection to celebrate its king’s 25th coronation anniversary.
The stamp collection, “Crypto Stamp,” pays homage to His Majesty Otumfuo Osei Tutu II’s 25-year-long contribution to Ghana’s development and cultural integrity.
According to the listing, crypto stamps are limited to 7,200 pieces and cost 250 Ghanaian cedi ($18) per stamp.
| crypto | null | null | null |
AA1oTSCC | 7203 | トヨタ博物館、クルマと女性のかかわりについて考える企画展「日本のクルマとわたしの100年」開催 | Car Watch | https://car.watch.impress.co.jp/ | 2024-08-16T07:27:28+00:00 | https://www.msn.com/ja-jp/money/other/トヨタ博物館-クルマと女性のかかわりについて考える企画展-日本のクルマとわたしの100年-開催/ar-AA1oTSCC | null | null | https://car.watch.impress.co.jp/docs/news/1616406.html | null | 2024年9月7日～2025年1月13日 開催 トヨタ博物館は、「日本におけるクルマと女性のかかわり」という観点から自動車史を紹介する「日本のクルマとわたしの100年」を2024年9月7日～2025年1月13日の期間、開催する。 今回の企画展では、「女性ドライバーの誕生」「女性ドライバーの広がり」「モータースポーツに挑む女性たち」「女性をターゲットとしたクル... | 2024年9月7日～2025年1月13日 開催
トヨタ博物館は、「日本におけるクルマと女性のかかわり」という観点から自動車史を紹介する「日本のクルマとわたしの100年」を2024年9月7日～2025年1月13日の期間、開催する。
今回の企画展では、「女性ドライバーの誕生」「女性ドライバーの広がり」「モータースポーツに挑む女性たち」「女性をターゲットとしたクルマの一般化」「女性エンジニアの活躍、そしてさらなる多様性の時代へ」という5つのゾーンを用意。
ダットサン 16型 セダン（1937年）、いすゞ ヒルマンミンクス （1960年）、ダットサン フェアレディ 1200（1961年）、ダットサン ブルーバード 1200 ファンシーデラックス（1963年）、ダイハツ ミラ （1982～1985年）、スズキ アルト 麻美スペシャル（1985年）、トヨタ WiLL Vi （2000年）、マツダ デミオ（2014年）、レクサス UX250h（2021年）の車両9台を展示して紹介する。
1910年代には日本で最初に免許を取得した女性、1950年代からはモータースポーツに参戦していた女性がいた。また時代の流れとともに女性ドライバーの増加を見越して、特別仕様車が登場。現在では、クルマづくりの現場において性別にかかわらず多様な人材が活躍している。
モビリティのあり方が大きく変化しようとしている今、愛される“クルマ”をつくり続けるためには、多様な人々の深く広い知恵を集め、熱意をもって取り組まなければならないと、同企画展では多様性の1つとして、これまで見過ごされがちだったクルマと女性のかかわりを取り上げることで新たな発見の機会を提供。来場者にダイバーシティを尊重したすべての人とクルマのより豊かな関係を考えてもらうことを企画のねらいとしている。
日本のクルマとわたしの100年
会期：2024年9月7日～2025年1月13日
場所：トヨタ博物館 文化館2階 企画展示室
なお、展示車両は同館収蔵車のほかに、国内自動車メーカー・自動車博物館の協力により展示。
展示車両協力：スズキ株式会社、ダイハツ工業株式会社、日産自動車株式会社、日本自動車博物館、マツダ株式会社（50音順） | stocks | article | トヨタ自動車株式会社 | msn_money |
cryptoglobe:9bf4cdb98094b:0 | BTCUSDT | Defiance ETFs Launches First U.S. Leveraged MicroStrategy ETF, Amplifying Bitcoin Exposure | cryptoglobe | https://www.cryptoglobe.com | 2024-08-16T07:18:40+00:00 | https://www.tradingview.com/news/cryptoglobe:9bf4cdb98094b:0-defiance-etfs-launches-first-u-s-leveraged-microstrategy-etf-amplifying-bitcoin-exposure/ | null | [{'symbol': 'BITSTAMP:BTCUSDT', 'logoid': 'crypto/XTVCUSDT', 'base_logoid': 'crypto/XTVCBTC'}] | /news/cryptoglobe:9bf4cdb98094b:0-defiance-etfs-launches-first-u-s-leveraged-microstrategy-etf-amplifying-bitcoin-exposure/ | EN | The U.S. has seen the introduction of its first Bitcoin-related leveraged exchange-traded fund (ETF) with the launch of MSTX by Defiance ETFs, marking another significant milestone in the adoption of cryptocurrency among institutional investors. Founded in 2018, Defiance ETFs has established itself… | The U.S. has seen the introduction of its first Bitcoin-related leveraged exchange-traded fund (ETF) with the launch of MSTX by Defiance ETFs, marking another significant milestone in the adoption of cryptocurrency among institutional investors.
Founded in 2018, Defiance ETFs has established itself as a prominent ETF issuer specializing in income and thematic investing. The company is also a pioneer in the development of leveraged ETFs, catering to traders who seek tactical investment opportunities.
Defiance offers a range of leveraged and thematic ETFs that enable investors to target disruptive innovations such as artificial intelligence, machine learning, and quantum computing. Additionally, the company’s actively managed options ETFs are designed with a focus on generating current income for investors.
The MSTX ETF, which is the first single-stock long leveraged ETF for MicroStrategy, aims to provide investors with 175% long daily targeted exposure to MicroStrategy, a company renowned for its strategic investments in Bitcoin.
Defiance’s single-stock ETFs, like MSTX, are designed to offer leveraged exposure to disruptive companies without requiring a margin account. This particular ETF is unique in that it not only provides exposure to Bitcoin through MicroStrategy’s stock but also amplifies that exposure through leverage. As MicroStrategy has consistently maintained a higher beta relative to Bitcoin, the MSTX ETF presents a compelling opportunity for sophisticated investors to maximize their potential returns by amplifying their exposure to the Bitcoin market within the ETF framework.
According to the company’s press release, Sylvia Jablonski, CEO of Defiance ETFs, had this to say:
“As we introduce MSTX, our long leverage MicroStrategy ETF, we’re amplifying the potential for investors seeking long leveraged exposure to Bitcoin. Given MicroStrategy’s inherent higher beta compared to Bitcoin, MSTX offers a unique opportunity for investors to maximize their leverage exposure to the Bitcoin market within an ETF wrapper.“
MicroStrategy has become a significant player in the Bitcoin ecosystem, holding approximately 226,500 bitcoins as of 31 July 2024. This strategic focus has drawn considerable attention from investors looking for leveraged exposure to Bitcoin, especially given that MicroStrategy’s stock has outperformed Bitcoin itself in recent months.
ETFs have historically driven cryptocurrency price appreciation, and the launch of MSTX is likely to attract considerable interest. MicroStrategy’s stock has surged by 92.54% year-to-date, compared to Bitcoin’s 38.52% increase, making the ETF an attractive option for those seeking enhanced returns.
Eric Balchunas, a senior ETF analyst at Bloomberg, noted that the MSTX ETF could become the most volatile ETF available in the U.S. market:
Defiance beat Tuttle to market with this altho Tuttle is trying 2x . Will be interesting to see if they can get 2x out or if SEC makes them come down to 1.75x. And yes, there is a market for extreme volatility/packaged adrenaline. 2x Nvidia ETF has $5b!…
Featured Image via Unsplash
| crypto | null | null | null |
beincrypto:b63e647b28457:0 | BTCUSDT | SECがディファイアンスのMSTXを承認：レバレッジド・マイクロストラテジーETF、1日のエクスポージャーは1.75倍 | beincrypto | https://jp.beincrypto.com/ | 2024-08-16T06:43:06+00:00 | https://ja.tradingview.com/news/beincrypto:b63e647b28457:0/ | null | [{'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}] | /news/beincrypto:b63e647b28457:0/ | JA | 上場投資信託発行会社のディファイアンスETFは15日、マイクロストラテジー初のレバレッジ型単一銘柄ETFであるMSTXのローンチを発表した。これは米国証券取引委員会（SEC）の承認を受けてのもの。MSTXは、MicroStrategyの株式に1日あたり175%のロングエクスポージャーを提供するよう設計されており、投資家はビットコインのボラティリティと密接に連動する同社の業績へのアクセスを拡大することができます。MicroStrategyのビットコイン戦略がETFの関心を高めるMicroStrategyはバージニア州に拠点を置くソフトウェア会社で、積極的なビットコイン買収戦略で有名です。202… | 上場投資信託発行会社のディファイアンスETFは15日、マイクロストラテジー初のレバレッジ型単一銘柄ETFであるMSTXのローンチを発表した。これは米国証券取引委員会（SEC）の承認を受けてのもの。
MSTXは、MicroStrategyの株式に1日あたり175%のロングエクスポージャーを提供するよう設計されており、投資家はビットコインのボラティリティと密接に連動する同社の業績へのアクセスを拡大することができます。
MicroStrategyのビットコイン戦略がETFの関心を高める
MicroStrategyはバージニア州に拠点を置くソフトウェア会社で、積極的なビットコイン買収戦略で有名です。2024年第2四半期現在、同社は22万6,500BTCを保有しており、ビットコインを保有する公開企業としては最大となっている。同社の株式は事実上ビットコインの代理となっており、デジタル資産を直接保有することなく、レバレッジを効かせたエクスポージャーを求める投資家を惹きつけている。
MSTXは、ポートフォリオを積極的に管理する洗練された投資家をターゲットにしている。MSTXは、MicroStrategyの株式の日々のパフォーマンスを増幅させることで、大きな利益を得る可能性を提供します。
ディファイアンスETFのシルビア・ジャブロンスキー最高経営責任者（CEO）は、「MicroStrategyがビットコインに比べて本質的に高いベータであることを考えると、MSTXは、投資家がETFのラッパー内でビットコイン市場へのレバレッジ・エクスポージャーを最大化するユニークな機会を提供する」と述べた。
関連記事：ビットコイン保有者ランキング2024：最もBTCを保有するユーザーは？
MSTXのようなレバレッジETFは、原資産の日々のリターンを倍増させることを目的としている。例えば、マイクロストラテジーの株価が1日に5％上昇した場合、1.75倍のレバレッジETFは8.75％の上昇を目標とする。
しかし、レバレッジの再計算は毎日行われる。このような仕組みは、複利効果のためにリターンが長期にわたって変動する可能性があることを意味する。さらに、この日次リセットは、投資家が長期的に期待するパフォーマンスとは異なるパフォーマンスをもたらす可能性がある。
したがって、ディファイアンスは、MSTXが、これらのリスクを十分に理解し、投資を注意深く監視する用意のある経験豊富な投資家に最も適していることを強調している。
市場アナリストは、MSTXがニッチ市場にアピールする可能性を認め、慎重に歓迎している。ブルームバーグ・インテリジェンスのシニアETFアナリスト、エリック・バルチュナス氏は、MSTXは市場で最もボラティリティの高いETFの一つであり、パフォーマンス指標はS&P500ETF（SPY）の13倍に相当すると評している。
同氏はまた、タトルとREXファイナンシャル（T-Rex）が同様のETFを発売する計画について、「ディファイアンスがタトルに先んじた」と指摘した。T-Rexは6月初め、T-Rex 2X Long MSTR Daily Target ETFをSECに申請した。このファンドは、MicroStrategyの日々のパフォーマンスを2倍にしようとするものだ。
MicroStrategyの株価は、同社が2020年8月にビットコインの定期購入を開始して以来、目覚ましい成長を遂げている。当初14ドル前後で取引されていたMSTRは、2021年2月までに急速に100ドルの大台を超え、わずか6ヶ月で605%という驚異的な上昇を示しました。
20:00 ETの時間外取引で、MSTRの価格は131.93ドルである。この数字は、過去24時間で1.2％の上昇、今年累計で92.49％の上昇を表している。
| crypto | null | null | null |
beincrypto:8f0a57d8c094b:0 | BTCUSDT | SEC Approves Defiance’s MSTX: Leveraged MicroStrategy ETF with 1.75x Daily Exposure | beincrypto | https://beincrypto.com/ | 2024-08-16T06:43:06+00:00 | https://www.tradingview.com/news/beincrypto:8f0a57d8c094b:0-sec-approves-defiance-s-mstx-leveraged-microstrategy-etf-with-1-75x-daily-exposure/ | null | [{'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}] | /news/beincrypto:8f0a57d8c094b:0-sec-approves-defiance-s-mstx-leveraged-microstrategy-etf-with-1-75x-daily-exposure/ | EN | On August 15, exchange-traded fund issuer Defiance ETFs announced the launch of MSTX, MicroStrategy’s first-ever leveraged single-stock ETF. This development followed approval from the US Securities and Exchange Commission (SEC).Designed to provide 175% long daily exposure to MicroStrategy’s stock… | On August 15, exchange-traded fund issuer Defiance ETFs announced the launch of MSTX, MicroStrategy’s first-ever leveraged single-stock ETF. This development followed approval from the US Securities and Exchange Commission (SEC).
Designed to provide 175% long daily exposure to MicroStrategy’s stock, MSTX offers investors amplified access to the company’s performance, closely tied to Bitcoin’s volatility.
MicroStrategy’s Bitcoin Strategy Drives ETF Interest
MicroStrategy is a Virginia-based software company famous for its aggressive Bitcoin acquisition strategy. As of Q2 2024, the company holds 226,500 BTC, making it the largest public company holder of Bitcoins. The company’s stock has effectively become a proxy for Bitcoin, attracting investors looking for leveraged exposure to the digital asset without directly holding it.
MSTX targets sophisticated investors who actively manage their portfolios. It offers the potential for significant gains by amplifying MicroStrategy’s stock’s daily performance.
“Given MicroStrategy’s inherent higher beta compared to Bitcoin, MSTX offers a unique opportunity for investors to maximize their leverage exposure to the Bitcoin market within an ETF wrapper,” Sylvia Jablonski, CEO of Defiance ETFs, stated.
Leveraged ETFs, like MSTX, aim to multiply an underlying asset’s daily returns. For instance, if MicroStrategy’s stock rises 5% in a day, a 1.75x leveraged ETF would target for an 8.75% increase.
However, leverage recalculation happens on a daily basis. Such a mechanism means the returns can vary over longer periods due to the effects of compounding. Furthermore, this daily reset can lead to performance that differs from what investors might expect over time.
Therefore, Defiance emphasizes that MSTX is most appropriate for experienced investors who fully understand these risks and are prepared to monitor their investments closely.
Market analysts have cautiously welcomed MSTX, acknowledging its potential appeal to a niche market. Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence, described MSTX as one of the most volatile ETFs on the market, with performance metrics equivalent to 13 times that of the S&P 500 ETF (SPY).
He also noted that “Defiance beat Tuttle to market with this,” referring to Tuttle and REX Financial’s (T-Rex) plan to launch a similar ETF. Earlier in June, T-Rex filed with the SEC for the T-Rex 2X Long MSTR Daily Target ETF. This fund seeks to double the daily performance of MicroStrategy.
MicroStrategy’s stock has seen remarkable growth since the company began regularly purchasing Bitcoin in August 2020. Initially trading at around $14, MSTR quickly surged past the $100 mark by February 2021, reflecting an impressive 605% increase in just six months.
As of 20:00 ET in after-hours trading, MSTR is priced at $131.93. This figure represents a 1.2% gain over the last 24 hours and a 92.49% increase year-to-date.
| crypto | null | null | null |
coindesk:c38ececbf094b:0 | BTCUSDT | NYSE Scrubs Plan to List Bitcoin ETF Options | coindesk | https://www.coindesk.com/ | 2024-08-16T06:11:17+00:00 | https://www.tradingview.com/news/coindesk:c38ececbf094b:0-nyse-scrubs-plan-to-list-bitcoin-etf-options/ | null | [{'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}] | /news/coindesk:c38ececbf094b:0-nyse-scrubs-plan-to-list-bitcoin-etf-options/ | EN | The operator of the New York Stock Exchange has withdrawn its application to list and trade options based on the Bitwise Bitcoin ETF and the Grayscale Bitcoin Trust, according to a Securities and Exchange Commission (SEC) filing.The SEC extended its review period multiple times after publishing the… | The operator of the New York Stock Exchange has withdrawn its application to list and trade options based on the Bitwise Bitcoin ETF and the Grayscale Bitcoin Trust, according to a Securities and Exchange Commission (SEC) filing.
The SEC extended its review period multiple times after publishing the NYSE proposal for public comment in February 2024, eventually initiating formal proceedings in April, but the proposal was withdrawn by the exchange before a final decision was made.
CBOE, where a number of the Bitcoin {{BTC}} ETFs are traded, also withdrew its application, but has since re-filed with a much more extensive proposal, according to documents spotted by Bloomberg's James Seyffart.
The SEC hasn't provided public comment or feedback on the issue.
In May, the NYSE announced a plan to list index options tracking Bitcoin prices, using the CoinDesk Bitcoin Price Index as a benchmark.
| crypto | null | null | null |
cointelegraph:bf985a3f9094b:0 | BTCUSDT | Institutions not so interested in Bitcoin at $58K, metric shows | cointelegraph | https://cointelegraph.com | 2024-08-16T06:08:25+00:00 | https://www.tradingview.com/news/cointelegraph:bf985a3f9094b:0-institutions-not-so-interested-in-bitcoin-at-58k-metric-shows/ | null | [{'symbol': 'BINANCE:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}, {'symbol': 'BITSTAMP:USDTUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCUSDT'}, {'symbol': 'BITSTAMP:USDCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCUSDC'}, {'symbol': 'BITSTAMP:BTCUSDT', 'logoid': 'crypto/XTVCUSDT', 'base_logoid': 'crypto/XTVCBTC'}] | /news/cointelegraph:bf985a3f9094b:0-institutions-not-so-interested-in-bitcoin-at-58k-metric-shows/ | EN | There’s one leading indicator to show whether there’s institutional interest in Bitcoin at its current price, and it’s not looking good right now, according to a crypto analyst. The seven-day minting ratio — a key stablecoin metric often considered one of the clearest indicators of Bitcoin BINANCE… | There’s one leading indicator to show whether there’s institutional interest in Bitcoin at its current price, and it’s not looking good right now, according to a crypto analyst.
The seven-day minting ratio — a key stablecoin metric often considered one of the clearest indicators of Bitcoin BINANCE:BTCUSD buyer activity — has significantly cooled off over the past seven days.
“Institutions that funneled fiat into crypto through Circle took advantage of the dip below $55,000 but seem less inclined to pursue the market at current levels,” 10x Research head of research Markus Thielen pointed out in his Aug. 16 report.
Institutions may be holding out for further downfall
Bitcoin has been trading under $60,000 for the past 24 hours.
The indicator measures the creation of new stablecoins and their issuance, essentially showing how much United States dollars have been exchanged for crypto.
“Stablecoin inflows are a key sign if fiat dollars are being converted into crypto and then usually moved into coins like BTC or ETH,” Thielen explained to Cointelegraph.
It was a different story in early August when Bitcoin fell to $49,472,
Thielen highlighted that this metric “surged sharply” on Aug. 6, reaching $2.7 billion.
However, it has since declined to $1.4 billion despite Bitcoin still trading below the critical $60,000 price level.
He says stablecoin Tether BITSTAMP:USDTUSD “remains active,” while Circle, the issuer of USD Coin BITSTAMP:USDCUSD, has become “notably quiet again.”
At the time of publication, Bitcoin is trading at $58,149, down 0.35% in the past 24 hours, according to CoinMarketCap data.
Meanwhile, futures traders believe the asset’s price has further downside potential, with the long-to-short ratio slightly leaning toward shorts over the past 24 hours at 50.88%, according to CoinGlass.
The Crypto Fear & Greed Index has dropped another two points, showing a “Fear” score of 27 at the time of publication.
Cointelegraph recently reported that despite the recent correction to five-month lows, Bitcoin could extend its bull rally for another year.
Citing a report published by Bybit and BlockScholes, Based on Bitcoin’s ratios during the previous cycles, the bull run will extend into the third quarter of 2025
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
| crypto | null | null | null |
cointelegraph:effc6c92d094b:0 | BTCUSDT | Meta denies claim more than half of Facebook crypto ads are scams | cointelegraph | https://cointelegraph.com | 2024-08-16T06:00:28+00:00 | https://www.tradingview.com/news/cointelegraph:effc6c92d094b:0-meta-denies-claim-more-than-half-of-facebook-crypto-ads-are-scams/ | null | [{'symbol': 'BITSTAMP:BTCUSDT', 'logoid': 'crypto/XTVCUSDT', 'base_logoid': 'crypto/XTVCBTC'}] | /news/cointelegraph:effc6c92d094b:0-meta-denies-claim-more-than-half-of-facebook-crypto-ads-are-scams/ | EN | Facebook's parent company Meta has denied claims that over half of crypto ads on Facebook are scams, arguing that the data is outdated and that it has since taken steps to address the issue. As part of its 2022 lawsuit, the Australian Competition and Consumer Commission (ACCC) claimed in a recent f… | Facebook's parent company Meta has denied claims that over half of crypto ads on Facebook are scams, arguing that the data is outdated and that it has since taken steps to address the issue.
As part of its 2022 lawsuit, the Australian Competition and Consumer Commission (ACCC) claimed in a recent filing to federal court that 58% of the crypto ads it reviewed on Facebook are scams.
In a statement to Cointelegraph, a Meta spokesperson said the data in the ACCC’s statement of claim relies on old information from 2018 and is from a “limited data set,” and other contact methods are still the top way people are scammed.
The spokesperson argued that it's unlikely the ACCC “data is an accurate representation of our platform today.”
“The preliminary analysis referred is an allegation in the ACCC’s claim and relates to a historic internal study from 2018 of a small sample of ads. Meta is defending the ACCC’s claim and will respond to the allegation in due course,” the spokesperson said.
“Scammers use every platform available to them and constantly adapt to evade enforcement. Meta doesn’t want scams on its platforms and we will continue to work tirelessly to prevent them and protect our users.”
The ACCC claims it identified 600 ads during its investigation, and since “at least January 2018,” Meta has been aware that many of the crypto ads on Facebook have used misleading promotional practices.
It also alleged Meta does take down individual ads once complaints are received and ban associated accounts; however, it continues to earn revenue from similar ads.
| crypto | null | null | null |
newsbtc:dcd5118d6094b:0 | BTCUSDT | Will Bitcoin (BTC) Trade Back Above $70,000 By September? Analysts Weigh In | newsbtc | https://www.newsbtc.com | 2024-08-16T06:00:15+00:00 | https://www.tradingview.com/news/newsbtc:dcd5118d6094b:0-will-bitcoin-btc-trade-back-above-70-000-by-september-analysts-weigh-in/ | null | [{'symbol': 'BITSTAMP:BTCUSDT', 'logoid': 'crypto/XTVCUSDT', 'base_logoid': 'crypto/XTVCBTC'}, {'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}] | /news/newsbtc:dcd5118d6094b:0-will-bitcoin-btc-trade-back-above-70-000-by-september-analysts-weigh-in/ | EN | Bitcoin’s (BTC) price continues fluctuating within the $58,000 to $61,000 price range following its recovery from the ‘Black Monday’ crash. However, analysts remain unsure about the next step for the flagship cryptocurrency.Some market watchers suggest the key levels BTC must break to continue the… | Bitcoin’s (BTC) price continues fluctuating within the $58,000 to $61,000 price range following its recovery from the ‘Black Monday’ crash. However, analysts remain unsure about the next step for the flagship cryptocurrency.
Some market watchers suggest the key levels BTC must break to continue the bullish run, while others highlight signals that could indicate a timeline for the next leg up.
Analysts Unsure About BTC’s Next Move
On August 5, the crypto market experienced a massive crash that shredded over 20% of most cryptocurrencies’ gains. Bitcoin led the market with a 22% decline from its monthly opening (MO) of $63,000.
Many investors feared that the bears had taken control and that the bullish rally was officially over. Since then, the largest cryptocurrency by market capitalization has hovered between the $58,000-$61,000 price range, currently trading above the $59,000 mark.
The recent price action has left some crypto analysts unsure about BTC’s next move. According to Altcoin Sherpa, Bitcoin has shown “lots of conflicting signals” lately and is “pretty neutral in the short-term.”
To the analyst, BTC’s 200 EMA (Exponential Moving Average) in the 4-hour timeframe is “acting as a stopping point.” Still, the chart looks like the cryptocurrency will return to the $56,000 to $58,000 support area.
Sherpa considers that for a price surge, Bitcoin needs to reclaim the $62,000 resistance zone in the coming days. A break above this level could kickstart a rally toward the $70,000 level, not seen since June.
Crypto trader Byzantine General described the recent performance as a “weird spot where it looks like it’s gonna nuke the entire time, but it just doesn’t.” He suggested that when BTC exits this “mini range,” investors will see an “explosive move” either way.
Is Bitcoin Retesting $70,000 In September?
Some market watchers pointed out a few indicators that could suggest the flagship cryptocurrency is near a price explosion. Rekt Capital highlighted that Bitcoin retested the support at the Descending Channel bottom earlier this week.
To the analyst, the token has reclaimed the channel as it is still successfully retesting the $58,000 mark. Additionally, he considers that continued price stability at this level would benefit BTC’s “future trend continuation to the upside.”
Crypto investor Ted Pillows shared on X that Bitcoin’s Fair Value Gap (FVG) has been filled. Per the investor, this happened in the 2020 top during the COVID-19 crash and led to a strong bounce back. Following the FVG fill, BTC’s price took eight weeks to recover from the 2020 crash.
Based on it, Ted believes Bitcoin could trade above $70,000 again by the end of September if history repeats itself. Similarly, crypto investor Elja forecasted that BTC might experience a big breakout in the next two months.
The investor explained that the flagship cryptocurrency has historically consolidated for approximately 170 days post-Halving. This suggests that Bitcoin has around 35-40 days of consolidation before breakout. As of this writing, BTC is trading at $59,730, a 1.4% surge in the last 24 hours.
| crypto | null | null | null |
cryptopotato:60c40ed56094b:0 | BTCUSDT | Will Bitcoin Keep Falling After $1.4B BTC Options Expire? | cryptopotato | https://cryptopotato.com | 2024-08-16T05:54:25+00:00 | https://www.tradingview.com/news/cryptopotato:60c40ed56094b:0-will-bitcoin-keep-falling-after-1-4b-btc-options-expire/ | null | [{'symbol': 'BITSTAMP:BTCGBP', 'logoid': 'country/GB', 'base_logoid': 'crypto/XTVCBTC'}, {'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}] | /news/cryptopotato:60c40ed56094b:0-will-bitcoin-keep-falling-after-1-4b-btc-options-expire/ | EN | On Friday, August 16, around 24,300 Bitcoin options contracts will expire, with a notional value of around $1.4 billion.Today’s options expiry event is smaller thanlast week’s, so its impact on spot markets is likely to be limited. The much larger month-end expiry event currently has a notional val… | On Friday, August 16, around 24,300 Bitcoin options contracts will expire, with a notional value of around $1.4 billion.
Today’s options expiry event is smaller thanlast week’s, so its impact on spot markets is likely to be limited. The much larger month-end expiry event currently has a notional value of $3.2 billion.Bitcoin Options Expiry
This week’s tranche of Bitcoin options contracts has a put/call ratio of 0.82, which means that longs and shorts are more closely aligned with slightly more long (call) contracts expiring than shorts (puts).
The max pain, or point at which most losses will be made, is at $59,500, which is just above current spot prices following today’s declines.
There is still a lot of open interest (OI), or contracts yet to expire, between $65,000 and $75,000, with nearly $700 million at the latter level. There is also more than $900 million in OI at the $100,000 strike price, according to Deribit.
Crypto derivatives provider Greeks Live commented that with the release of US PPI and CPI reports, “the market’s volatility expectations fell significantly, which in turn drove significant declines in IVs [implied volatility] across all major maturities.”
It added that the decline in crypto derivatives IV could lead to a more stable period.
“The recent options market is gradually lowering expectations of future volatility, and the market will gradually enter a stable period.”
Aug. 16 Options Data 24,000 BTC options are about to expire with a Put Call Ratio of 0.83, a Maxpain point of $59,500 and a notional value of $1.4 billion. 184,000 ETH options are about to expire with a Put Call Ratio of 0.80, Maxpain point of $2,650 and notional value of $470… pic.twitter.com/70UvUSo09W
— Greeks.live (@GreeksLive) August 16, 2024
In addition to the above, 184,000 Ethereum options, with a notional value of $470 million, are about to expire.
These have a put/call ratio of 0.80 and a max pain point of $2,650, which is pretty close to market prices.Crypto Market Outlook
Markets have declined by 2.2% over the past 12 hours, with total capitalization dipping to $2.15 trillion, its lowest point since last week’s recovery.
Bitcoin tanked to an intraday low of $56,650 before recovering to reclaim $58,000 during the Friday morning Asian trading session. Analysts and the liquidity heatmap havehighlighted this levelas crucial support.
Ethereum continues to weaken in a fall to $2,532 before recovering to reclaim $2,600 over the past few hours.
As usual, the altcoins are a sea of red and continue to wallow in bear market malaise.
| crypto | null | null | null |
coindeskjapan:53383a99a8457:0 | BTCUSDT | ゴールドマン・サックス、モルガン・スタンレーなど機関投資家のビットコインETF保有加速 | coindeskjapan | https://www.coindeskjapan.com/ | 2024-08-16T03:25:00+00:00 | https://ja.tradingview.com/news/coindeskjapan:53383a99a8457:0/ | null | [{'symbol': 'PYTH:IBIT', 'logoid': '', 'base_logoid': ''}, {'symbol': 'PYTH:FBTC', 'logoid': '', 'base_logoid': ''}, {'symbol': 'PYTH:BTCO', 'logoid': '', 'base_logoid': ''}, {'symbol': 'PYTH:GBTC', 'logoid': '', 'base_logoid': ''}, {'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}] | /news/coindeskjapan:53383a99a8457:0/ | JA | ゴールドマン・サックスやモルガン・スタンレーをはじめとする米投資銀行大手は、第2四半期末までにビットコインETFの最大の保有者となっていた。顧客がビットコインETFへのアロケーションを増やしたためだ。SEC（米証券取引委員会）への提出書類によると、ゴールドマン・サックスは6月30日時点で顧客資産として4億1800万ドル（約620億円、1ドル149円換算）相当のビットコインETFを保有していた。4月、同行ウェルス・マネジメント部門の最高投資責任者は、ウォール・ストリート・ジャーナルの取材に対して、同行の顧客はこの資産クラス（＝暗号資産）にあまり関心を示していないと語っていた。モルガン・スタンレ… |
ゴールドマン・サックスやモルガン・スタンレーをはじめとする米投資銀行大手は、第2四半期末までにビットコインETFの最大の保有者となっていた。顧客がビットコインETFへのアロケーションを増やしたためだ。
SEC（米証券取引委員会）への提出書類によると、ゴールドマン・サックスは6月30日時点で顧客資産として4億1800万ドル（約620億円、1ドル149円換算）相当のビットコインETFを保有していた。4月、同行ウェルス・マネジメント部門の最高投資責任者は、ウォール・ストリート・ジャーナルの取材に対して、同行の顧客はこの資産クラス（＝暗号資産）にあまり関心を示していないと語っていた。
モルガン・スタンレーは、顧客からの要望に応えてビットコインETFの提供を開始すると伝えられていたが、6月30日時点の保有額は1億8800万ドルで、第1四半期末からは8700万ドル減少した。
2行は、ビットコインETFとしては最大規模を誇るブラックロックのiShares Bitcoin TrustPYTH:IBITを多く保有しているが、フィデリティのWise Origin Bitcoin ETFPYTH:FBTCやInvesco Galaxy Bitcoin ETFPYTH:BTCOなども保有している。
I call this “no demand”…
Still so early.
via @Matt_Hougan pic.twitter.com/8VgJ735zzA
「機関投資家によるビットコインETFの採用が加速していることは明らか」と、ETF Storeのプレジデント、ネイト・ジェラチ（Nate Geraci）氏は述べた。
「一般的に、機関投資家は極めて厳格なデューデリジェンスプロセスを採用する傾向があり、どのような投資でも採用までの期間が長くなる。機関投資家がビットコインETFに参入するスピードには驚かされる」
いくつかの著名ヘッジファンドも、ビットコインETFへの投資を継続しており、例えば、第2四半期に保有額を3万9000口から2万6000ドル口まで減らしたものの、資産家イジー・イングランダー（Izzy Englander）氏率いるミレニアム・マネジメントもビットコインETFに投資している。
だが注目すべきは、第1四半期末時点でブラックロックのIBITに1200万ドルを投資していたポール・シンガー（Paul Singer）氏率いるエリオット・マネジメントが6月30日までにそのポジションから完全に撤退していたことだ。
第1四半期にビットコインETFへの投資で注目を集めたウィスコンシン州年金基金は、第2四半期にブラックロックのIBITを44万7651口追加購入。一方、3月末時点で6370万ドル相当を保有していたグレイスケールのGrayscale Bitcoin TrustPYTH:GBTCはすべて売却した。第2四半期末時点、同州が保有するビットコインETFは9890万ドル（約147億円）相当となっている。
｜翻訳・編集：CoinDesk JAPAN編集部
｜画像：ゴールドマン・サックスのデジタル資産部門グローバル責任者、マシュー・マクダーモット氏（（Shutterstock/CoinDesk）
｜原文：Goldman Sachs Joins Morgan Stanley in Holding Bitcoin ETFs as Institutional Interest Grows: 13F Wrap
| crypto | null | null | null |
AA1oTfDd | 7203 | トヨタ新型「FF最大・最上級セダン」発表！ サメ顔×大型グリル採用!? スポーティな「カムリ」がサウジに登場 | くるまのニュース | https://kuruma-news.jp/ | 2024-08-16T03:15:38+00:00 | https://www.msn.com/ja-jp/autos/news/トヨタ新型-ff最大-最上級セダン-発表-サメ顔-大型グリル採用-スポーティな-カムリ-がサウジに登場/ar-AA1oTfDd | null | null | https://kuruma-news.jp/post/809643 | null | 日本では先代モデルで生産終了となっているトヨタ「カムリ」ですが、新型モデルがサウジアラビアで登場しました。どのような特徴を持っているのでしょうか。 | 新型カムリはどのような特徴を持っている？ 2024年8月16日にサウジアラビアトヨタは、新型「カムリ」を正式発表しました。
日本では先代モデルで生産終了となっていますが、彼の地で登場した新型カムリはどのような特徴を持っているのでしょうか。
日本には来ないけど…サウジアラビアに登場した新型「カムリ」【画像】カッコいい！ これがトヨタ新型「カムリ」です！（84枚）
トヨタのセダンとして長い歴史を持つカムリですが、1980年に「セリカ・カムリ」として登場したところから始まります。
その後、セリカから独立した単独モデルとして、2代目（1982年）、3代目（1986年）、4代目（1990年）、5代目（1994年）、6代目（1996年）、7代目（2001年）、8代目（2006年）、9代目（2011年）、10代目（2017年）、11代目（2023年）と歴史を重ねてきました。
現行となる11代目カムリは、2023年11月15日に米国にて世界初公開。その数日後には中国でもお披露目されています。
11代目カムリのプラットフォームは10代目モデル同様に「GA-K」を採用。
基本的なシルエットはキープコンセプトですが、フロントデザインやインテリア、パワートレインなどは刷新されました。
エクステリアは現在のトヨタ車で共通となる「ハンマーヘッド」をフロントに採用したことで、洗練された印象となっています。
なおフロントデザインは、大きく2つが用意されブラックグリルが特徴的なスポーティ仕様と、グリルレス風でラグジュアリーな印象を与える仕様が設定されました。
パワートレインは、米国向けが2.5リッターハイブリッドのみとなり、それまで設定されていたV6モデルは廃止されました。
一方の中国では、2.5リッターハイブリッドに加え、2リッターハイブリッドと2リッターガソリンの3種類が用意されます。
インテリアでも、米国仕様はダッシュボードに埋め込んでいるデザインの12.3インチセンターディスプレイを採用するなのに対して、中国仕様では外に突出したデザインとなっています。
それ以外でも、静電容量式タッチパネルやフレグランス機能、AIを活用した音声認識など、中国専用の装備も設定されています。
またその他の国や地域でも順を追って新型カムリが導入されています。
そうした中で今回はサウジアラビアで新たに発表されました。
サウジアラビアトヨタでは、正式発表する前からSNSなどでカムリの歴史を振り返る投稿をするなど盛り上げムードでした。
そして発表されたカムリは、デザインはブラックグリルが特徴的なスポーティ仕様のみとなっています。
インテリアは基本的に米国と同様のものになっており、全7グレード展開となることで細かな装備が異なっているようです。
またパワートレインは、2.5リッターガソリンと2.5リッターハイブリッドを設定しています。
なお価格はガソリンの「E」が10万5340SAR（約約418万円）から「LUMIERE HEV」が14万9500SAR（約593万円）です。 | stocks | article | トヨタ自動車株式会社 | msn_money |
AA1oT2YY | 7203 | 調査によれば、トヨタの車両が最も耐久性が高いと判明 | Carro e Motos | http://carroemotos.com.br/ | 2024-08-16T02:55:38+00:00 | https://www.msn.com/ja-jp/autos/news/調査によれば-トヨタの車両が最も耐久性が高いと判明/ar-AA1oT2YY | null | null | https://carroemotos.com.br/%E8%AA%BF%E6%9F%BB%E3%81%AB%E3%82%88%E3%82%8C%E3%81%B0%E3%80%81%E3%83%88%E3%83%A8%E3%82%BF%E3%81%AE%E8%BB%8A%E4%B8%A1%E3%81%8C%E6%9C%80%E3%82%82%E8%80%90%E4%B9%85%E6%80%A7%E3%81%8C%E9%AB%98%E3%81%84/ | null | iSeeCars が4億台以上の車両データを分析した結果、トヨタのモデルがアメリカの道路で40万キロメートルまで持つ可能性が最も高いことが明らかになりました。 | iSeeCars が4億台以上の車両データを分析した結果、トヨタのモデルがアメリカの道路で40万キロメートルまで持つ可能性が最も高いことが明らかになりました。 + Zeekrが市場を革新、10分で80%充電できるバッテリー
この日本のブランドは、最も長持ちする車両のリストのトップ5に入り、Tundra、Sequoia、4Runner、Tacoma、Highlander Hybridなどのモデルがリーダーとして登場しています。特にTundraは、36.6％の確率でこの走行距離に達する可能性があり、一般的な車両の平均8.6％を大きく上回っています。
トップ5に加えて、AvalonやLexus GXなどの他のトヨタモデルもトップ10にランクインし、市場で最も耐久性のある車両の70％を占めています。
トヨタブランド全体として、40万キロメートルに到達する可能性が17％あり、業界平均の2倍です。ホンダは13.6％で2位にランクインし、ラムが11.5％で最高位のアメリカブランドです。
また、研究では使用条件が異なるため、重型トラックモデルも別に考慮されました。このセグメントでは、ラム3500が40万キロメートルに達する可能性が42.6％と際立っており、トヨタがリードしない唯一のセグメントです。
出典: Car and Driver | このコンテンツはAIの助けを借りて作成され、編集チームによってレビューされました。
] | stocks | article | トヨタ自動車株式会社 | msn_money |
beincrypto:8d253ea1f094b:0 | BTCUSDT | $1.86 Billion in Bitcoin and Ethereum Options Set to Expire Amid CPI Fallout | beincrypto | https://beincrypto.com/ | 2024-08-16T02:18:35+00:00 | https://www.tradingview.com/news/beincrypto:8d253ea1f094b:0-1-86-billion-in-bitcoin-and-ethereum-options-set-to-expire-amid-cpi-fallout/ | null | [{'symbol': 'BINANCE:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}, {'symbol': 'BINANCE:ETHUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCETH'}] | /news/beincrypto:8d253ea1f094b:0-1-86-billion-in-bitcoin-and-ethereum-options-set-to-expire-amid-cpi-fallout/ | EN | As $1.86 billion in Bitcoin BINANCE:BTCUSD and Ethereum BINANCE:ETHUSD options approach expiration, the crypto markets are grappling with heightened volatility, spurred by lower-than-expected US Consumer Price Index (CPI) data.With the markets reacting sharply to this economic indicator, traders ar… | As $1.86 billion in Bitcoin BINANCE:BTCUSD and Ethereum BINANCE:ETHUSD options approach expiration, the crypto markets are grappling with heightened volatility, spurred by lower-than-expected US Consumer Price Index (CPI) data.
With the markets reacting sharply to this economic indicator, traders are preparing for potential price swings as the deadline approaches.
What’s Next for Bitcoin and Ethereum Options Market Post-Expiry? Analysts Weigh In
According to Deribit, nearly $1.4 billion in Bitcoin options are set to expire, with a maximum pain point of $59,500. This batch of options includes 24,383 contracts, down from the previous week’s 31,615. The put-to-call ratio is 0.83, reflecting a slightly bearish market sentiment.
For Ethereum, $471.79 million in options are expiring, involving 183,821 contracts — a decrease from last week’s 206,626 contracts. The maximum pain point is $2,650, with a put-to-call ratio of 0.80, suggesting a cautious market outlook.
The “maximum pain point” in crypto options is crucial, representing the price level where option holders face the most significant financial discomfort. Additionally, the “put-to-call ratio” indicates a higher prevalence of purchase options (calls) over sales options (puts). Lower ratios indicate optimism and higher ones signal bearishness.
Analysts from Greeks.live have commented on the market conditions leading up to today’s expiration. They noted that the US July Consumer Price Index (CPI) data was slightly lower than anticipated, hitting a new low since March 2021. This outcome has led to speculation that the Federal Reserve might cut rates in September, with expectations centered around a 25-basis-point reduction.
They further noted that after the ETF was passed, Ethereum’s price showed weakness, leading to a decline with only a modest rebound. Short-term implied volatility (IV) also decreased, with a skew favoring put options.
“Such declines in implied volatility are relatively rare in the options market, and the predominantly institutional sellers were able to cover a lot of their profits in this round of declines to make up for the hedging losses from the huge volatility over the last month. Now that the term structure is back to a solid structure of far higher and near lower, the market will probably be deposited for a while now, and the profit-to-loss ratio for selling medium-duration options looks better now,” Greeks.live analysts suggested.
As of now, Bitcoin has dropped to $57,255, down from nearly $60,000 before the CPI data release. Similarly, Ethereum fell from $2,751 to $2,534. It is currently trading at $2,562.
Historically, the expiration of options contracts often leads to sharp yet temporary price movements, causing the crypto market to experience uncertainty and volatility as traders prepare for these fluctuations. However, the market typically stabilizes shortly after these expirations.
| crypto | null | null | null |
cointelegraph:2bee25a53094b:0 | BTCUSDT | Bitcoin sidechain creators tout new ‘permissionless’ version BitVM2 | cointelegraph | https://cointelegraph.com | 2024-08-16T01:54:56+00:00 | https://www.tradingview.com/news/cointelegraph:2bee25a53094b:0-bitcoin-sidechain-creators-tout-new-permissionless-version-bitvm2/ | null | [{'symbol': 'BITSTAMP:BTCUSDT', 'logoid': 'crypto/XTVCUSDT', 'base_logoid': 'crypto/XTVCBTC'}] | /news/cointelegraph:2bee25a53094b:0-bitcoin-sidechain-creators-tout-new-permissionless-version-bitvm2/ | EN | The creators of the Bitcoin scaling solution Bitcoin Virtual Machine (BitVM) have floated the second iteration of their sidechain, dubbed “BitVM2,” and the BitVM Bridge, which they say now offers “major improvements” to the original system. In an Aug. 15 post to X, BitVM co-founder Alexei Zamyatin… | The creators of the Bitcoin scaling solution Bitcoin Virtual Machine (BitVM) have floated the second iteration of their sidechain, dubbed “BitVM2,” and the BitVM Bridge, which they say now offers “major improvements” to the original system.
In an Aug. 15 post to X, BitVM co-founder Alexei Zamyatin shared an overview of a new whitepaper that introduces a new framework for how BitVM2 and the BitVM Bridge would function.
ZeroSync project lead and BitVM creator Robin Linus first unveiled BitVM in October last year in a bid to bring off-chain smart contracts to the Bitcoin network without requiring a soft fork.
One of the main improvements of the latest version is that it will now be “permissionless” meaning that anyone can challenge suspicious transactions, with only three transactions required to complete a challenge.
The previous version of BitVM required up to 70 transactions to complete a challenge, and only a small number of specific parties could make challenge requests.
What does BitVM do?
Overall, BitVM2's main focus is to enable a rollup — a separate network built on Bitcoin — capable of processing transactions more efficiently but with similar security to the original Bitcoin network.
The BitVM Bridge would allow users to safely transfer their Bitcoin to the rollup and withdraw it, with shorter lock-up periods and smaller upfront capital requirements.
The paper was led by ZeroZync project lead Robin Linus and other co-authors, including Zamyatin, Lukas Aumayr, Andrea Pelosi, Zeta Avirikioti, and Matteo Maffei.
BitVM was unveiled in an Oct. 9 whitepaper titled “BitVM: Compute Anything on Bitcoin” — enabling Turing-complete Bitcoin contracts without altering any of Bitcoin’s consensus rules.
| crypto | null | null | null |
benzinga:04bb10b24094b:0 | NVDA | Former Google CEO Eric Schmidt Highlights Nvidia As Major AI Player In Now Deleted Video: 'That's Not A Stock Recommendation' | benzinga | https://benzinga.com/ | 2024-08-16T01:53:32+00:00 | https://www.tradingview.com/news/benzinga:04bb10b24094b:0-former-google-ceo-eric-schmidt-highlights-nvidia-as-major-ai-player-in-now-deleted-video-that-s-not-a-stock-recommendation/ | null | [{'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}] | /news/benzinga:04bb10b24094b:0-former-google-ceo-eric-schmidt-highlights-nvidia-as-major-ai-player-in-now-deleted-video-that-s-not-a-stock-recommendation/ | EN | Alphabet Inc.'s former CEO and Chair Eric Schmidt on Tuesday pointed to Nvidia Corporation NASDAQ:NVDA as a significant player in the AI market. The original video of his conversation posted by Stanford University, has now been deleted.What Happened: Schmidt, who led Google from 2001 to 2011, noted… | Alphabet Inc.'s former CEO and Chair Eric Schmidt on Tuesday pointed to Nvidia Corporation NASDAQ:NVDA as a significant player in the AI market. The posted by Stanford University, has now been deleted.
What Happened: Schmidt, who led Google from 2001 to 2011, noted that large tech companies are planning substantial investments in Nvidia-based AI data centers, potentially costing up to $300 billion.
“I’m talking to the big companies, and the big companies are telling me they need $20 billion, $50 billion, $100 billion — very very hard,” Schmidt said, adding that a significant portion of this spending was going to Nvidia.
See Also:
Schmidt went on to suggest that Nvidia is currently leading the market. “If $300 billion is all going to Nvidia, you know what to do in the stock market,” he said, immediately adding, “That's not a stock recommendation.”
"If $300 billions is all going to Nvidia, you know what to do in the stock market" – Eric Schmidt
The news was first reported by CNBC.
Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox.
Why It Matters: Schmidt’s comments come as Nvidia prepares to provide its latest market update when it reports quarterly results on Aug. 28.
According to Dan Ives, an analyst at Wedbush Securities, the earnings call will globally, as they await insights from Nvidia CEO Jensen Huang on the future demand for AI chips through 2025.
During the conversation at Stanford, Schmidt also blamed Google’s focus on work-life balance and remote work for its loss to AI startups like ChatGPT-maker OpenAI.
The former CEO has since retracted his statement about remote work saying, “I misspoke about Google and their work hours.”
Price Action: During the regular session on Thursday, Nvidia's stock closed at $122.86, with a significant 4.05% surge for the day. In after-hours trading, the stock saw a further increase of 0.073%, according to data from Benzinga Pro.
Check out more of Benzinga’s Consumer Tech coverage by following this link.
Read Next:
‘Made By Google’ Event Marred By Absence Of ‘Demo Spirits’ — Gemini Fails Twice During Live Session: Pixel 9 Launch Details HereDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| stocks | null | null | null |
beincrypto:59daeb79a8457:0 | BTCUSDT | 暗号資産弱気相場が遠のく可能性を示すデータ | beincrypto | https://jp.beincrypto.com/ | 2024-08-15T23:45:00+00:00 | https://ja.tradingview.com/news/beincrypto:59daeb79a8457:0/ | null | [{'symbol': 'OANDA:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}] | /news/beincrypto:59daeb79a8457:0/ | JA | 暗号資産の弱気相場は平均して約1年続き、時には2年に及ぶこともある。この局面は、供給が需要を上回り、長期間にわたって価格が下落することで発生する。最も深刻な弱気相場は2022年に展開された。この時期、取引高で最大の暗号資産取引所の1つであるFTXが、大規模な銀行取引停止処分を受けて崩壊した。この暴落は波及効果を引き起こし、いくつかのヘッジファンドや貸付プロトコルの破綻につながり、業界にとって重要な低水準となった。ベアマーケット心理学の説明最近、暗号資産市場が再び弱気相場に向かうという話が出ている。ビットコイン（BTC）が3月に7万3750ドルを記録して以来、多くの暗号通貨が苦戦している。この… | 暗号資産の弱気相場は平均して約1年続き、時には2年に及ぶこともある。この局面は、供給が需要を上回り、長期間にわたって価格が下落することで発生する。
最も深刻な弱気相場は2022年に展開された。この時期、取引高で最大の暗号資産取引所の1つであるFTXが、大規模な銀行取引停止処分を受けて崩壊した。この暴落は波及効果を引き起こし、いくつかのヘッジファンドや貸付プロトコルの破綻につながり、業界にとって重要な低水準となった。
ベアマーケット心理学の説明
最近、暗号資産市場が再び弱気相場に向かうという話が出ている。ビットコイン（BTC）が3月に7万3750ドルを記録して以来、多くの暗号通貨が苦戦している。この下落により、市場は再び長期的な価格下落局面に入るのではないかという懸念が高まっている。
意外にも半減期前に起きたこの出来事は、市場に衝撃を与えた。当時、暗号資産価格は高値を更新するとの見方が多かった。
しかし、そうはならなかった。それどころか、BTCの価格は他の暗号通貨と並んで、固まったり、下落したり、誤ったブレイクアウトに巻き込まれたりしている。
こうした要因もあり、一部の参加者は、市場が弱気局面に向かっている可能性を示唆している。この可能性を評価するために、BeInCryptoは洞察のために市場サイクル心理チャートを調べます。
続きを読む弱気相場で儲ける方法
市場サイクルの心理。出典クオンティファイド・ストラテジーズ
上図のように、このチャートは14の異なる段階を示している。例えば、不信は暗号資産が強気相場に移行し始める弱気相場の終わりを示す。また、スリル、不安、陶酔、自己満足の段階もある。
見たところ、不信の段階は ビットコイン価格が一貫して利益を計上し始めた2023年の第1四半期頃に起こった。一方、”スリル “の時期は、おそらく今年1月のETF承認時に起こったと思われる。
ユーフォリア（陶酔）」期は、BTCと他の多くのアルトコインやミームコインがさまざまな高値に達した3月の間に起こったと思われる。最近の冷え込みは、このサイクルが自己満足と不安の間にあることを示唆しているのかもしれない。
ビットコインホルダーはETHの問題にもかかわらず、下落に大反対している。
しかし、自己満足と不安の時期は誤報であった可能性がある。Glassnodeによると、ビットコイン長期保有者のセルサイドリスクレシオがヒントを提供している。この指標は、過去の市場サイクルと比較して利益確定のレベルを測定する。
現在、比率は2021年の強気相場時のピークを下回っており、ビットコインの長期保有者が売却を控えていることを示している。
ビットコイン長期保有者のセルサイドリスクレシオ。出典グラスノード
このような行動は、長期保有者の間で高い確信があることを示唆している。これに関して、オンチェーン分析プラットフォームは次のように説明している：
“ビットコインネットワークの富の高い割合は、以前のサイクルのATHブレイクと比較して、この投資家コホートによって保持されており、これは、表示されている投資家の忍耐の程度があり、より高い価格を待っていることを示唆している。”
これが事実であれば、弱気相場は差し迫っておらず、サイクルはまだ弱気局面にある可能性がある。しかし、一部の市場参加者は、特定のアルトコイン、特にイーサリアム（ETH）のパフォーマンスが低いことから、懐疑的な見方を続けている。
2021年、ビットコインが史上最高値（ATH）を更新した後、ETHもすぐに追随し、前回のピークを上回った。しかし今回は、イーサリアムETFのスポットが開始されたとはいえ、状況は異なる。
現在、ETHは2,657ドルで取引されており、ATHから45%下落している。以前、多くの市場参加者は、アルトコインが8,000ドルから10,000ドルに達すると自信を持って予測していたが、その期待はまだ実現していない。
イーサリアム価格ソースTrading View
ETHがパフォーマンスを低下させ続け、弱気相場が近づいているとの見方が強まる中、そうした楽観的な予測の一部は薄れている。しかし、BTCやETHを含むトップクラスの暗号通貨が最近分配期を迎え、それが最近の価格調整の一因となったことを認識することが重要だ。
暗号資産の冬に向けてベアはまだ潜んでいる
市場参加者は、暗号資産のクジラがBTCの購入を減速させていることも心配しているかもしれない。しかし、このような一時停止は強気サイクルの典型である。にもかかわらず、正味未実現損益（NUPL）が示すように、注意が必要だ。
NUPLは投資家が利益を上げているか、損失を出しているかを測定する。NUPLの数値が上昇すれば、より多くの投資家がより高い利益を得ていることを示す。逆に、数値が減少すれば、利益が減少していることを示します。
この指標は、市場が弱気局面に入ったかどうかの判断にも役立つ。上昇すれば強気サイクルが強まることを示し、逆に大幅に低下すれば弱気相場の可能性が高まる。
続きを読むビットコイン半減期の歴史：知っておくべきことすべて
ビットコインの正味未実現損益。ソースCryptoQuant
プレス時のビットコインのNUPLは0.46です。7月には、この範囲での同様の下落により、BTCの価格は55,857ドルまで下落した。前回、同指標がこのレベルに達した時、ビットコイン価格は42,576ドルまで下落した。
このため、現在の数値は市場にとって重要なポイントとなる。NUPLが低下を続け、0.40以下に達した場合、ベアが主導権を握る可能性がある。CryptoQuantのアナリストGrizzly氏（仮名）によると、そうなればBTCは40,000ドルまで下落する可能性があるという。
“指数が下降を続ければ、ベアが市場を完全に掌握する可能性があると予想するのが妥当だ。そのようなシナリオでは、価格は4万ドル前後まで下落する可能性がある」とグリズリー氏は分析している。
| crypto | null | null | null |
DJN_SN20240815012637:0 | 8306 | This popular Japan ETF has whipsawed as the yen carry trade unwinds. Here's how investors should react. | market-watch | https://www.tradingview.com/news/providers/market-watch/ | 2024-08-15T22:20:00+00:00 | https://www.tradingview.com/news/DJN_SN20240815012637:0/ | 2024 Dow Jones & Company, Inc. All rights reserved. | [{'symbol': 'AMEX:DXJ', 'base_logoid': 'wisdomtree'}, {'symbol': 'AMEX:RMNY', 'logoid': '', 'base_logoid': ''}, {'symbol': 'AMEX:EWJ', 'base_logoid': 'ishares'}, {'symbol': 'AMEX:LIT', 'base_logoid': 'global-x'}, {'symbol': 'AMEX:JEMB', 'base_logoid': 'henderson-diversified-income'}, {'symbol': 'NASDAQ:RING', 'base_logoid': 'ishares'}, {'symbol': 'AMEX:KWEB', 'base_logoid': 'kraneshares'}, {'symbol': 'AMEX:NVDY', 'base_logoid': 'yieldmax-tsla-option-income-strategy-etf'}, {'symbol': 'AMEX:FLJP', 'base_logoid': 'franklin-templeton'}, {'symbol': 'AMEX:JETS', 'base_logoid': 'u-s-global-investors'}, {'symbol': 'AMEX:FXY', 'base_logoid': 'invesco'}, {'symbol': 'TSE:7203', 'base_logoid': 'toyota'}, {'symbol': 'AMEX:AMLP', 'base_logoid': 'ss-and-c'}, {'symbol': 'AMEX:BBJP', 'base_logoid': 'jpmorgan'}, {'symbol': 'TSE:8306', 'base_logoid': 'mitsubishi-group'}, {'symbol': 'AMEX:CQQQ', 'base_logoid': 'invesco'}, {'symbol': 'AMEX:EWZ', 'base_logoid': 'ishares'}, {'symbol': 'AMEX:RMOP', 'logoid': '', 'base_logoid': ''}, {'symbol': 'AMEX:GDXJ', 'base_logoid': 'vaneck'}, {'symbol': 'AMEX:SILJ', 'base_logoid': 'amplify'}, {'symbol': 'AMEX:RMCA', 'logoid': '', 'base_logoid': ''}] | /news/DJN_SN20240815012637:0/ | EN | By Isabel WangHello! This is MarketWatch reporter Isabel Wang, bringing you this week's ETF Wrap. In this week's edition, we look at one of the most popular Japan-focused equity ETFs, which has lost some of its luster this month after a surging yen triggered a rapid exit by investors who had relied… | By Isabel Wang
Hello! This is MarketWatch reporter Isabel Wang, bringing you this week's ETF Wrap. In this week's edition, we look at one of the most popular Japan-focused equity ETFs, which has lost some of its luster this month after a surging yen triggered a rapid exit by investors who had relied on it to strip out currency volatilities.
Please send tips or feedback to isabel.wang@marketwatch.com or to christine.idzelis@marketwatch.com. You can also follow me on X at @Isabelxwang and Christine at @CIdzelis.
Sign up here for our weekly ETF Wrap.
Investors unnerved by the unwinding of the Japanese yen (USDJPY) carry trade last week fled a popular equity ETF that bets on Japanese stocks while countering excessive weakness in the country's currency.
The WisdomTree Japan Hedged Equity Fund DXJ last week saw a total net outflow of over $413 million, the largest weekly outflow since January 2018, according to Dow Jones Market Data.
The fund has tumbled nearly 4% so far in August, compared with an 0.6% gain for the unhedged Invesco Currencyshares Japanese Yen Trust FXY and a nearly 3% decline for the broader iShares MSCI Japan ETF EWJ in the same period, according to FactSet data.
DXJ is designed to offer investors a currency hedge overlay on top of their Japanese equity exposure by investing in a group of export-oriented and dividend-paying firms such as Mitsubishi UFJ Financial Group (JP:8306) and Toyota Motor Corp. (JP:7203)
Yen-hedged funds are expected to do well when the country's currency weakens against the U.S. dollar DXY, and may underperform if the yen strengthens against the greenback, noted Neena Mishra, director of ETF research at Zacks Investment Research.
DXJ had been outperforming its more abundant and unhedged Japan-related ETF peers for years during the country's era of negative interest rates. But that turned on its head this month when the Bank of Japan decided to raise rates for the second time this year, which led to an appreciation in the yen.
That also hammered investors who had been borrowing the lower-yielding yen to invest in higher-yielding assets denominated in other currencies - a strategy known as a carry trade. As a result, the surging yen made DXJ and other currency-hedged ETFs less attractive compared with their unhedged rivals.
See: S&P 500 erases August losses as 'irrational recession fears' fade
Global financial markets have since rebounded, and the meltdown earlier this month now looks more like a brief tremor - but the way it unfolded highlights the volatility of the Japanese yen and how fragile investors could be amid wild swings in the foreign-exchange and stock markets.
Since Aug. 5, the Japanese yen has weakened 4.6% against the U.S. dollar to trade at 149.03 at the time of writing Thursday afternoon. The Nikkei 225 index JP:NIK, meanwhile, has since erased all its losses suffered during the Aug. 5 plunge. In the U.S. market, the S&P 500 SPX surged on Thursday to give back all its declines from earlier in the month, according to FactSet data.
See: Stocks still vulnerable to further unwind of yen carry trade, strategists say
However, there are still concerns that the unwinding of the yen-based carry trade could drive further losses.
"The situation is unusual as of now, and there are a lot of uncertainties," Mishra told MarketWatch via phone on Thursday. "We do not know how many of those yen carry trades have been unwound, and in the U.S. [we don't know] when and how much the Fed would cut interest rates given the mixed economic data."
Mishra noted that because currency movements are cyclical, they could "cancel out" over time, but in the shorter term are "almost impossible" to predict.
That is why she suggests investors consider a "50-50" approach when investing in Japan-related ETFs - by putting half of their assets in one of the currency-hedged funds like DXJ and another half in some of the "cheaper" unhedged funds, such as the Franklin FTSE Japan ETF FLJP and the JPMorgan BetaBuilders Japan ETF BBJP.
See: Opinion: Your stocks now trade at the mercy of the Japanese yen
Time to take off the currency hedge?
WisdomTree's Jeremy Schwartz, the ivnestment manager's global chief investment officer, and Jeff Weniger, its head of equity strategy, said a currency-hedged Japan position should outperform the S&P 500 over the next few years.
The forward 12-month earnings per share (EPS) for the S&P 500 is $277.50, which means its earnings yield is hovering at 5% after dividing the EPS by the index's closing price of 5,543.22 on Thursday.
Adding expected inflation of 2% to 3%, the medium-term return estimate for the S&P 500 would be 7% to 8%, Schwartz and Weniger said in a client note from last week.
Meanwhile, the forward 12-month EPS for DXJ is $9.10, which takes its earnings yield to 8.6% after dividing by its share price of $105.69 on Thursday.
"The carry from the currency forward contracts is above 5% at the moment, but it is now everyone's base case that the Fed and BoJ will change that, so we price in a slide in this gap between the U.S. and Japanese short rates to around 3% in 2025," the analysts said.
As a result, the medium-term return for DXJ would be around 12% after adding the approximated 3% carry in 2025, they wrote.
Additionally, history shows that Japanese equities usually perform well after a brutal three-day decline (see table below). In the three-day period ending Aug. 5, the Nikkei 225 fell nearly 20% to suffer its worst three-day decline on record, according to Dow Jones Market Data.
"After the earlier crashes, the median subsequent 12-month stock-market return was 10.9% and the average was 14.6%. This includes the miserable 1990 experience, when Japan's bubble was bursting," Schwartz and Weniger wrote. "If we draw a line through 1990, which we think is reasonable given the stock market's bubble status at the time, that makes the lookback even more compelling.
"As with many market crashes, buying after a panic is generally a profitable move," they added.
As usual, here's your look at the top- and bottom-performing ETFs over the past week through Wednesday, according to FactSet data.
The good...
Top performers %Performance
YieldMax NVDA Option Income Strategy ETF 7.1
VanEck Junior Gold Miners ETF 5.9
Amplify Junior Silver Miners ETF 5.8
iShares MSCI Global Gold Miners ETF 5.7
iShares MSCI Brazil ETF 5.6
Source: FactSet data through Wednesday, Aug. 14. Start date Aug. 8. Excludes ETNs and leveraged products. Includes NYSE, Nasdaq and Cboe traded ETFs of $500 million or greater. ... and the bad
Bottom performers %Performance
KraneShares CSI China Internet ETF -2.1
Invesco China Technology ETF -2.1
Global X Lithium & Battery Tech ETF -2.0
U.S. Global Jets ETF -1.6
Alerian MLP ETF -1.6
Source: FactSet data New ETFs
Rockefeller Asset Management on Wednesday announced its expansion into opportunistic municipals with the launch of three actively managed ETFs: Rockefeller Opportunistic Municipal Bond ETF RMOP, Rockefeller California Municipal Bond ETF RMCA and Rockefeller New York Municipal Bond ETF RMNY. Janus Henderson Group on Wednesday launched the Janus Henderson Emerging Markets Debt Hard Currency ETF JEMB. The fund aims to invest in a diversified portfolio of sovereign, quasi-sovereign, supranational and corporate debt from EM issuers, the firm said in a press release.TappAlpha on Thursday launched its SPY Growth & Daily Income ETF TSPY, which is designed to combine the growth potential of the S&P 500 with a daily covered call (0DTE) strategy, the company said in a press release.
Weekly ETF Reads
Value investing is due for a big comeback (Financial Times)Goldman Sachs Holds $418M in Bitcoin ETF Shares (ETF.com)How rising retail ETF trading can benefit institutional investors (ETF Stream)
-Isabel Wang
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
| stocks | null | null | null |
coindeskjapan:3c193ad098457:0 | BTCUSDT | ビットコインマイナー、6月より7月の方が収益性が低かった：ジェフリーズ | coindeskjapan | https://www.coindeskjapan.com/ | 2024-08-15T21:30:00+00:00 | https://ja.tradingview.com/news/coindeskjapan:3c193ad098457:0/ | null | [{'symbol': 'BINANCE:BTCUSD', 'logoid': 'country/US', 'base_logoid': 'crypto/XTVCBTC'}] | /news/coindeskjapan:3c193ad098457:0/ | JA | 世界最大の暗号資産（仮想通貨）の価格が大きく下落した一方で、ネットワーク・ハッシュレートは安定していたため、7月のビットコインBINANCE:BTCUSDマイニングの収益性は前月よりわずかに低下したと投資銀行のジェフリーズ（Jefferies）が8月15日の調査報告書で発表した。ハッシュレートは業界の競争とマイニングの難易度を表す指標だ。同行はマイニング企業であるマラソン・デジタル（Marathon Digital）の目標株価を22ドルから17ドルに引き下げる一方、株式のホールド評価を維持した。市場取引前の株価は0.7％下落し15ドル前後になった。アメリカに上場しているマイニング企業が7月に… |
ビットコインマイニングは先月、わずかながら収益性が低下したとジェフリーズは述べた。同行はマラソン・デジタルの目標株価を22ドルから17ドルに引き下げた。報告書によると、アメリカに上場しているマイニング企業は7月にビットコインの生産シェアを増やした。世界最大の暗号資産（仮想通貨）の価格が大きく下落した一方で、ネットワーク・ハッシュレートは安定していたため、7月のビットコインBINANCE:BTCUSDマイニングの収益性は前月よりわずかに低下したと投資銀行のジェフリーズ（Jefferies）が8月15日の調査報告書で発表した。
ハッシュレートは業界の競争とマイニングの難易度を表す指標だ。
同行はマイニング企業であるマラソン・デジタル（Marathon Digital）の目標株価を22ドルから17ドルに引き下げる一方、株式のホールド評価を維持した。市場取引前の株価は0.7％下落し15ドル前後になった。
アメリカに上場しているマイニング企業が7月に生産したビットコインのシェアは6月よりも大きく、ネットワーク全体の21.1％を占めたのに対し、5月は20.7％だったという。ビットコインの価格が下落する一方、ネットワークのハッシュレートは再び伸び始めているため、8月はマイナーにとってより困難な月になるだろうと報告書は付け加えた。
アナリストのジョナサン・ピーターセン（Jonathan Petersen）氏とジョー・ディクスタイン（Joe Dickstein）氏は、「上場企業がネットワークのハッシュレートの増加よりも早く新たな容量を導入した」ため、市場シェアが上昇したと書いている。
マラソン・デジタルは7月に最も多くのビットコインを生産し、合計692コイン（前月比17％増）だったと報告書は指摘した。このマイナーのインストールされたハッシュレートもまた、このセクターで最大を維持している。
JPモルガン（JPMorgan）は、アメリカに上場しているマイナーが世界のハッシュレートに占める割合が7月に過去最高を記録したと先月の調査報告書で指摘していた。
｜翻訳：CoinDesk JAPAN
｜編集：井上俊彦
｜画像：Shutterstock
｜原文：Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says
| crypto | null | null | null |
benzinga:fe22658c5094b:0 | MSFT | Activision's Strategy: How Black Ops 6, Warzone Updates Will Free Up Your Storage Space | benzinga | https://benzinga.com/ | 2024-08-15T20:58:20+00:00 | https://www.tradingview.com/news/benzinga:fe22658c5094b:0-activision-s-strategy-how-black-ops-6-warzone-updates-will-free-up-your-storage-space/ | null | [{'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}] | /news/benzinga:fe22658c5094b:0-activision-s-strategy-how-black-ops-6-warzone-updates-will-free-up-your-storage-space/ | EN | Microsoft Corp‘s NASDAQ:MSFT Activision is set to ease the storage burden for Call of Duty enthusiasts with significant changes arriving before the highly anticipated launch of Call of Duty: Black Ops 6 on Oct. 25. This includes a major reorganization of game files and an innovative approach to how… | Microsoft Corp‘s NASDAQ:MSFT Activision is set to ease the storage burden for Call of Duty enthusiasts with significant changes arriving before the highly anticipated launch of
This includes a major reorganization of game files and an innovative approach to how the franchise handles its substantial file sizes, the company announced via a Call of Duty blogpost.
See Also:
Warzone Now Optional For Annual Downloads
In a move that addresses long-standing concerns about the size of Call of Duty games, Activision will separate Warzone from the annual titles starting Aug. 21, in conjunction with the launch of Season 5 Reloaded.
Players will now have the option to download Warzone independently from the core game, allowing for a more customized storage solution.
"When you download an annual Call of Duty game, you'll also be able to opt in to also download Warzone if you want. And if you just want to download Warzone, that will still be an option as well," Activision confirmed.
Texture Streaming And User Interface Updates
Season 5 Reloaded will introduce additional changes to streamline the gaming experience. Activision plans to enhance texture streaming capabilities, offering players the choice between "optimized" and "minimal" streaming options.
Alongside this, a new user interface for navigating Call of Duty games will debut in mid-October, promising a more intuitive and efficient browsing experience.
To accommodate these updates, players will need to download a substantial update as part of the Season 5 rollout. This update will reorganize game files and incorporate new technology to prepare for the full player interface overhaul.
Activision anticipates that these optimizations will lead to a decrease in Call of Duty's footprint on hard drives. Notably, PlayStation 5 players will experience additional updates due to "differences in file organization."
Black Ops 6: Smaller Launch Size Expected
Activision has also addressed concerns regarding the file size of Black Ops 6.
Although the company has not yet provided a specific download size, it has assured players that the new title will be a "smaller download at launch than ."
This reassurance comes after an earlier Xbox store listing suggested an implausible 309.85GB download size, which Activision clarified did not accurately represent the game's final file size.
Read Next:
Call Of Duty’s Secret To Player Retention: Activision’s Latest Study Exposes AllPhoto: Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| stocks | null | null | null |
benzinga:440646267094b:0 | QQQ | Nasdaq 100 Sees Best 6-Day Rally Since Late 2022 As Traders Ride Bull Market Wave: Tech Stocks On The Move Thursday | benzinga | https://benzinga.com/ | 2024-08-15T20:42:20+00:00 | https://www.tradingview.com/news/benzinga:440646267094b:0-nasdaq-100-sees-best-6-day-rally-since-late-2022-as-traders-ride-bull-market-wave-tech-stocks-on-the-move-thursday/ | null | [{'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}, {'symbol': 'NASDAQ:SMH', 'base_logoid': 'vaneck'}, {'symbol': 'NASDAQ:MRVL', 'base_logoid': 'marvell-tech'}, {'symbol': 'NASDAQ:SMCI', 'base_logoid': 'super-micro-computer'}, {'symbol': 'NASDAQ:CSCO', 'base_logoid': 'cisco'}, {'symbol': 'NASDAQ:ON', 'base_logoid': 'on-semiconductor'}, {'symbol': 'NASDAQ:LULU', 'base_logoid': 'lululemon-athletica'}, {'symbol': 'NASDAQ:MDLZ', 'base_logoid': 'mondelez'}, {'symbol': 'NASDAQ:ORLY', 'base_logoid': 'o-reilly-auto'}, {'symbol': 'NASDAQ:TMUS', 'base_logoid': 't-mobile'}, {'symbol': 'NASDAQ:VRSK', 'base_logoid': 'verisk-analytics'}, {'symbol': 'NASDAQ:KHC', 'base_logoid': 'kraft-heinz'}] | /news/benzinga:440646267094b:0-nasdaq-100-sees-best-6-day-rally-since-late-2022-as-traders-ride-bull-market-wave-tech-stocks-on-the-move-thursday/ | EN | The tech-heavy Nasdaq 100, tracked by the Invesco QQQ Trust, Series 1 NASDAQ:QQQ, closed Thursday 2.5% higher, notching its sixth consecutive positive session and marking a strong rebound after the index had entered correction territory due to the early-month selloff.With a 9% rally over the last s… | The tech-heavy Nasdaq 100, tracked by the Invesco QQQ Trust, Series 1 NASDAQ:QQQ, closed Thursday 2.5% higher, notching its sixth consecutive positive session and marking a strong rebound after the index had entered correction territory due to
With a 9% rally over the last six sessions, this marks the best six-day run since November 2022, signaling that bullish sentiment remains alive among traders who jumped at the opportunity to buy tech stocks on the dip.
From a technical perspective, Thursday's session represents a significant checkpoint for the Nasdaq 100, as the index climbed back above its 50-day moving average after dropping below it on July 24.
Chart: Tech Stocks Break Above 50-Day Average, Notch Strongest 6-Day Rally In Nearly Two Years
Also Read:
Within tech industries, semiconductor stocks saw the most significant gains, with the VanEck Semiconductor ETF NASDAQ:SMH up 16% over the last six sessions, also marking its strongest streak since late 2022.
The easing of recession fears that surfaced earlier this month has been the primary catalyst driving the recovery in the stock markets, particularly in tech stocks, which were among the hardest hit at the start of the month.
The U.S. economy hasn’t appeared as sluggish as some early August economic data suggested—especially the disappointing July jobs report.
Initial jobless claims have unexpectedly declined over the past two weeks, casting reasonable doubt on whether the July increase in the unemployment rate from 4.1% to 4.3% was merely a temporary anomaly rather than a sign of deeper labor market issues.
Retail sales also sharply exceeded expectations in July, showing a robust 1% month-over-month increase—the fastest pace since January 2023. Not exactly what you would expect from an economy on the brink of a recession.
Top Five Performing Nasdaq 100 Stocks On Thursday
Name% ReturnMarvell Technology, Inc. NASDAQ:MRVL8.71Super Micro Computer, Inc. NASDAQ:SMCI8.59Cisco Systems, Inc. NASDAQ:CSCO6.78ON Semiconductor Corporation NASDAQ:ON6.76Lululemon Athletica Inc. NASDAQ:LULU6.68Worst Five Performing Nasdaq 100 Stocks On Thursday
Name% ReturnMondelez International, Inc. NASDAQ:MDLZ-1.32O’Reilly Automotive, Inc. NASDAQ:ORLY-1.24T-Mobile US, Inc. NASDAQ:TMUS-0.96Verisk Analytics, Inc. NASDAQ:VRSK-0.90The Kraft Heinz Company NASDAQ:KHC-0.88Read Next:
Photo: Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
tag:reuters.com,2024:newsml_L4N3K21HI:0 | NVDA | エヌビディア傘下のコヒーシティ、26％増の5億4900万ドル - Bloomberg News | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-15T20:06:26+00:00 | https://ja.tradingview.com/news/reuters.com,2024:newsml_L4N3K21HI:0/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'TSE:9984', 'base_logoid': 'softbank'}, {'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}] | /news/reuters.com,2024:newsml_L4N3K21HI:0/ | JA | — ソースリンク https://tinyurl.com/yun9z4vs — 注：ロイターはこの記事を検証しておらず、その正確性を保証するものではない。 | — ソースリンク https://tinyurl.com/yun9z4vs
— 注：ロイターはこの記事を検証しておらず、その正確性を保証するものではない。
| stocks | null | null | null |
tag:reuters.com,2024:newsml_L4N3K21HH:0 | NVDA | Nvidia-backed Cohesity makes FY rev of $549 mln, up 26% - Bloomberg News | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-15T20:06:24+00:00 | https://www.tradingview.com/news/reuters.com,2024:newsml_L4N3K21HH:0-nvidia-backed-cohesity-makes-fy-rev-of-549-mln-up-26-bloomberg-news/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'TSE:9984', 'base_logoid': 'softbank'}] | /news/reuters.com,2024:newsml_L4N3K21HH:0-nvidia-backed-cohesity-makes-fy-rev-of-549-mln-up-26-bloomberg-news/ | EN | -- Source link: https://tinyurl.com/yun9z4vs-- Note: Reuters has not verified this story and does not vouch for its accuracy | -- Source link: https://tinyurl.com/yun9z4vs
-- Note: Reuters has not verified this story and does not vouch for its accuracy
| stocks | null | null | null |
tag:reuters.com,2024-08-15:newsml_NFC2CY5B0:0 | 7203 | DEADLINE NEXT WEEK: Berger Montague Advises Toyota Motor Corp. (TM) Investors to Contact the Firm Before August 23, 2024 | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-15T20:06:00+00:00 | https://www.tradingview.com/news/reuters.com,2024-08-15:newsml_NFC2CY5B0:0-deadline-next-week-berger-montague-advises-toyota-motor-corp-tm-investors-to-contact-the-firm-before-august-23-2024/ | null | [{'symbol': 'NYSE:TM', 'base_logoid': 'toyota'}] | /news/reuters.com,2024-08-15:newsml_NFC2CY5B0:0-deadline-next-week-berger-montague-advises-toyota-motor-corp-tm-investors-to-contact-the-firm-before-august-23-2024/ | EN | Philadelphia, Pennsylvania--(Newsfile Corp. - August 15, 2024) - Nationally recognized law firm Berger Montague PC informs investors that a lawsuit was filed against Toyota Motor Corp. ("Toyota" or the "Company") NYSE:TM on behalf of purchasers of Toyota securities between June 23, 2022 and June 2… | Philadelphia, Pennsylvania--(Newsfile Corp. - August 15, 2024) - Nationally recognized law firm Berger Montague PC informs investors that a lawsuit was filed against Toyota Motor Corp. ("Toyota" or the "Company") NYSE:TM on behalf of purchasers of Toyota securities between June 23, 2022 and June 2, 2024, inclusive (the "Class Period").
Investors that suffered losses from Toyota NYSE:TM investments can follow the link below for more information regarding the lawsuit:
CLICK HERE to learn more about the lawsuit.
Investors who purchased or acquired Toyota securities during the Class Period may, no later than August 23, 2024, seek to be appointed as a lead plaintiff representative of the class.
The complaint alleges that, throughout the Class Period, Defendants misrepresented and/or failed to disclose that: (1) Toyota understated its malfeasance relating to certification of its cars and issues relating to overall legal compliance; and (2) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
On June 3, 2024, the New York Times published an article entitled "Toyota and Other Japanese Carmakers Say They Mishandled Safety Tests." This article stated that "Toyota [. . .] and other top Japanese automakers said on Monday that internal investigations found they had mishandled vehicle testing on dozens of models over the past decade." Further, "Toyota said it had failed to gather proper data when doing pedestrian and occupant safety tests for three models, including its popular Yaris Cross sport utility vehicle."
On this news, Toyota's American Depositary Shares ("ADSs") fell $5.34 per ADS, or 2.45%, to close at $212.17 per ADS on June 3, 2024.
For additional information or to learn how to participate in this litigation, please contact Berger Montague: Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Peter Hamner at phamner@bm.net or (215) 875-3048, or CLICK HERE.
A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Communicating with any counsel is not necessary to participate or share in any recovery achieved in this case. Any member of the purported class may move the Court to serve as a lead plaintiff through counsel of his/her choice, or may choose to do nothing and remain an inactive class member.
Berger Montague, with offices in Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco and Chicago, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.
Contacts:
Andrew Abramowitz, Senior Counsel
Berger Montague PC
(215) 875-3015
aabramowitz@bm.net
Peter Hamner
Berger Montague PC
(215) 875-3048
phamner@bm.net
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220058
| stocks | null | null | null |
barchart:0344fca94094b:0 | NVDA | These AI Stocks Got Crushed After Q2 Earnings. Now, They Look Like Buys Ahead of a Fed Rate Cut. | barchart | https://www.barchart.com/ | 2024-08-15T19:43:33+00:00 | https://www.tradingview.com/news/barchart:0344fca94094b:0-these-ai-stocks-got-crushed-after-q2-earnings-now-they-look-like-buys-ahead-of-a-fed-rate-cut/ | null | [{'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'NASDAQ:AMZN', 'base_logoid': 'amazon'}, {'symbol': 'NASDAQ:TSLA', 'base_logoid': 'tesla'}] | /news/barchart:0344fca94094b:0-these-ai-stocks-got-crushed-after-q2-earnings-now-they-look-like-buys-ahead-of-a-fed-rate-cut/ | EN | The Q2 earnings season is nearly over, and it wasn’t terribly pleasant, especially for Big Tech and artificial intelligence (AI) companies. While Nvidia NASDAQ:NVDA – which is the flagbearer of the AI trade - has yet to report its earnings, other AI players mostly failed to impress markets.Both Ama… | The Q2 earnings season is nearly over, and it wasn’t terribly pleasant, and companies. While Nvidia NASDAQ:NVDA – which is the flagbearer of the AI trade - has yet to report its earnings, other AI players mostly failed to impress markets.
Both Amazon NASDAQ:AMZN and Tesla NASDAQ:TSLA, for instance, got crushed after their respective Q2 earnings reports. However, I believe that both of these stocks are strong AI plays that . Also, both of these companies stand to benefit from a likely Fed rate cut next month.
Amazon’s AI Business is Running at Multi-Billion Dollar Run Rate
Amazon fell after its Q2 earnings release, as the company’s Q2 revenues and Q3 guidance came up short of estimates. There were some encouraging signs in the report, though, like continued recovery in enterprise-focused Amazon Web Services (AWS) and healthy cash flows and profits.
Amazon is a multi-faced AI play, and several of its businesses - especially AWS - are benefiting from growing global AI spending. There are other business functions, like logistics and the consumer-facing e-commerce interface, where Amazon will benefit from AI. While the company is already using technology to improve how customers shop on the website, it can come up with even better recommendations through GenAI features.
Earlier this year, Amazon talked about a new feature where sellers on the platform only need to provide the URL to their website, and it will create a product detail page on Amazon using AI. The company is also using AI to help advertisers make their ads more engaging and, in the process, more effective.
Management sees AI as a key growth driver. During the Q2 earnings call, CEO Andy Jassy said, “Our AI business continues to grow dramatically with a multibillion-dollar revenue run rate, despite it being such early days.”
Amazon’s Valuations Look Quite Attractive
While there are concerns over slowing growth in Amazon’s e-commerce growth business, I believe the fears are overblown, and healthy growth in other businesses like advertising and AWS – which happen to be far more profitable – should more than balance the slowdown.
Also, the e-commerce segment’s growth should rebound as inflation gradually comes down and the Fed starts cutting rates – the probability of which is quite high at the next Fed meeting in September.
Finally, at a next 12-month (NTM) price-to-earnings multiple of around 33x, Amazon’s risk-reward looks quite favorable. The company’s continued focus on driving efficiencies will ensure strong bottom-line growth in the coming quarters, despite some sluggishness in top-line growth.
Overall, I believe Amazon stock looks like a good AI stock to buy, given its tepid valuations and growth potential.
Tesla is Positioning Itself as an AI Play
Tesla stock fell over 12% following its Q2 report, and its post-earnings price action was the worst among its “Magnificent 7” peers. Incidentally, Tesla was the only constituent of the elite group to miss bottom-line estimates.
The company has been lowering car prices to spur deliveries, which has taken a toll on not only its margins but that of other electric vehicle (EV) players, who have also had to cut prices. Specifically, Tesla’s automotive gross margin – once the envy of other automakers – fell to a five-year low of 14.6% in Q2, and was well short of the 16.3% that analysts expected.
CEO Elon Musk has blamed the Fed’s rate hikes for the slowdown in EV sales multiple times. While the EV industry’s woes are not solely because of higher interest rates, a Fed rate cut would lead to lower rates on car loans, thereby bringing down the overall cost of ownership.
While Tesla is best known for its electric cars – and is the global market leader in the battery electric vehicle (BEV) segment – it is also an AI play. Notably, Cathie Wood of ARK Invest – who Musk has said has a better understanding than most of Tesla's business – believes the company is the “biggest AI project” globally, and that view is shared by some of the stock's other bulls, like Dan Ives of Wedbush. Amid slowing growth – or rather, degrowth – in the core automotive business, Musk has also been trying to position Tesla as an AI and autonomous driving play.
Tesla Could Benefit from AI in the Long Term
Tesla is working on several AI projects, such as the Dojo supercomputer and Optimus humanoid. Its autonomous driving and the yet-to-be-launched robotaxis are also AI products. Musk sees progress on autonomy as key to Tesla’s valuation, and reiterated his stance quite unequivocally during the Q2 earnings call by saying, “I recommend anyone who doesn't believe that Tesla will solve vehicle autonomy should not hold Tesla stock.”
To be sure, all of Tesla’s AI solutions are long-term drivers, and will not contribute meaningfully to its bottom line anytime soon. There is also a question mark on how much revenue the company can generate from these products, even as Musk – who is known to be quite flamboyant with his claims – believes Optimus alone could add $25 trillion to Tesla’s market cap.
That said, I believe hardware plays like Tesla can benefit from the next round of AI euphoria. With all of the Musk controversies – including the alleged conflict of interest with his privately held companies, like xAI – I find TSLA stock to be one AI play that could reward investors in the long term.
On the date of publication, Mohit Oberoi had a position in: TSLA , NVDA , AMZN . All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
| stocks | null | null | null |
benzinga:80dda45ed094b:0 | QQQ | Three New Pieces Of Data Trigger Aggressive Buying In Nvidia And AI Stocks | benzinga | https://benzinga.com/ | 2024-08-15T19:32:10+00:00 | https://www.tradingview.com/news/benzinga:80dda45ed094b:0-three-new-pieces-of-data-trigger-aggressive-buying-in-nvidia-and-ai-stocks/ | null | [{'symbol': 'NYSE:WMT', 'base_logoid': 'walmart'}, {'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'NASDAQ:AAPL', 'base_logoid': 'apple'}, {'symbol': 'NASDAQ:AMZN', 'base_logoid': 'amazon'}, {'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:META', 'base_logoid': 'meta-platforms'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:TSLA', 'base_logoid': 'tesla'}, {'symbol': 'AMEX:SPY', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}, {'symbol': 'AMEX:GLD', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'AMEX:SLV', 'base_logoid': 'ishares'}, {'symbol': 'AMEX:USO', 'base_logoid': 'uscf-fund'}] | /news/benzinga:80dda45ed094b:0-three-new-pieces-of-data-trigger-aggressive-buying-in-nvidia-and-ai-stocks/ | EN | To gain an edge, this is what you need to know today.Strong DataPlease click here for an enlarged chart of Walmart Inc NYSE:WMT.Note the following:In The Arora Report analysis, the market reaction to the news has changed. In November 2022, Powell triggered the stock market reaction function of bad… |
To gain an edge, this is what you need to know today.
Strong Data
Please click here for an enlarged chart of Walmart Inc NYSE:WMT.
Note the following:
This article is about the big picture, not an individual stock. The chart of WMT stock is being used to illustrate the point.Three news pieces of data have triggered aggressive buying in NVIDIA Corp NASDAQ:NVDA and AI stocks.The three new pieces of data are: Walmart earningsJobless claimsRetail sales Investors are building position in NVDA stock ahead of earnings on August 28. As NVDA stock goes higher, it brings along other AI stocks.The chart shows a gap up on the release of WMT earnings this morning.The chart shows there was also a gap up after WMT earnings were reported last quarter.RSI on the chart shows that WMT is now overbought. Overbought stocks tend to pullback.Walmart earnings are important due to its sheer size and because it gives a good picture of consumer sentiment. Here are the key points from Walmart's earnings: Walmart is not seeing consumer weakness. This data is contrary to other recent pieces of data. Smart money is always analyzing both sides. In contrast, the momo crowd pays attention only to the data that supports its position and ignores the rest.Weight loss drugs are contributing to healthy sales.High income earners have shifted to shopping at Walmart. Walmart reported EPS of $0.67 vs. $0.65 consensus for Q2.Walmart is projecting EPS of $0.51 – $0.52 vs. $0.54 consensus for Q3.Walmart is raising FY25 EPS to $2.35 – $2.43 vs. $2.23 – $2.37 prior. As full disclosure, WMT is in the ZYX Buy Model Portfolio from The Arora Report. WMT is long from $19.25 post split.The U.S. economy is 70% consumer based. For this reason, prudent investors pay attention to retail sales. The just released data shows that after a brief hiatus, the consumer is back on a spending spree. Here are the details: Retail sales came at 1.0% vs. 0.3% consensus and whisper numbers of 0.2%.Retail sales ex-auto came at 0.4% vs. 0.2% consensus.The foregoing data flies in the face of other recent data. The other recent data has been showing weakness. Weekly initial jobless claims came at 227K vs. 232K consensus. Initial jobless claims is a leading indicator and carries heavy weight in our adaptive ZYX Asset Allocation Model with inputs in ten categories. In plain English, adaptiveness means that the model changes itself with market conditions. Please click here to see how this is achieved. One of the reasons behind The Arora Report's unrivaled performance in both bull and bear markets is the adaptiveness of the model. Most models on Wall Street are static. They work for a while and then stop working when market conditions change.On August 12, we shared with you The Arora Report call,In The Arora Report analysis, the market reaction to the news has changed. In November 2022, Powell triggered the stock market reaction function of bad news is good news and good news is bad news. This reaction function persisted until mid-July 2024. Starting in mid-July 2024, the market reaction function has changed – good news is good news and bad news is bad news. As a member of The Arora Report, you knew in advance that this change was coming. We have repeatedly written that the prior market reaction function was highly flawed as it counted on bad news leading to rate cuts but did not consider that bad news also negatively impacts earnings. Now, the stock market is understanding the reality and has stopped ignoring the fact that bad news leads to bad earnings.
The early market reaction to the good news from Walmart, retail sales, and jobless claims is very positive. This shows that so far The Arora Report call on market reaction function is spot on. What is the connection between aggressive buying in NVDA stock and the three new pieces of data above? The connection is the stronger economy combined with upcoming Fed cuts will drive PEs of AI stocks higher.The stock market always has crosscurrents. The data today is producing a fly in the ointment. The fly is that bonds are falling. This goes against the prevailing wisdom that bonds should be rising. Falling bonds is a negative for the stock market as it negatively impacts PE ratios. Magnificent Seven Money Flows
In the early trade, money flows are positive in Apple Inc NASDAQ:AAPL, Amazon.com, Inc. NASDAQ:AMZN, Alphabet Inc Class C NASDAQ:GOOG, Meta Platforms Inc NASDAQ:META, Microsoft Corp NASDAQ:MSFT, NVDA, and Tesla Inc NASDAQ:TSLA.
In the early trade, money flows are positive in SPDR S&P 500 ETF Trust AMEX:SPY and Invesco QQQ Trust Series 1 NASDAQ:QQQ.
Momo Crowd And Smart Money In Stocks
Investors can gain an edge by knowing money flows in SPY and QQQ. Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil. The most popular ETF for gold is SPDR Gold Trust AMEX:GLD. The most popular ETF for silver is iShares Silver Trust AMEX:SLV. The most popular ETF for oil is United States Oil ETF AMEX:USO.
Bitcoin
Bitcoin is range bound.
Protection Band And What To Do Now
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market.
Traditional 60/40 Portfolio
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever Generate Wealth Newsletter.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
benzinga:e269feb93094b:0 | MSFT | EXCLUSIVE: Which Magnificent 7 Stock Would Investors Put $1,000 In Today? 44% Of Benzinga Readers Pick This Company | benzinga | https://benzinga.com/ | 2024-08-15T18:38:50+00:00 | https://www.tradingview.com/news/benzinga:e269feb93094b:0-exclusive-which-magnificent-7-stock-would-investors-put-1-000-in-today-44-of-benzinga-readers-pick-this-company/ | null | [{'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'NASDAQ:AAPL', 'base_logoid': 'apple'}, {'symbol': 'NASDAQ:AMZN', 'base_logoid': 'amazon'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:TSLA', 'base_logoid': 'tesla'}, {'symbol': 'NASDAQ:META', 'base_logoid': 'meta-platforms'}, {'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:GOOGL', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:MAGS', 'base_logoid': 'roundhmetave-aeoa'}] | /news/benzinga:e269feb93094b:0-exclusive-which-magnificent-7-stock-would-investors-put-1-000-in-today-44-of-benzinga-readers-pick-this-company/ | EN | Over the past year, investors have often turned to the market leaders, which among large cap companies are often the Magnificent 7 stocks.A new Benzinga poll looks at which of the seven stocks are the most popular with investors today.What Happened: Six of the seven Magnificent 7 stocks are up year… | Over the past year, investors have often turned to the market leaders, which among large cap companies are often the
A new Benzinga poll looks at which of the seven stocks are the most popular with investors today.
What Happened: Six of the seven Magnificent 7 stocks are up year-to-date in 2024 and several of the names are believed to be companies that could be
Benzinga readers were asked which of the seven stocks they would invest in today.
"If you had $1,000 to invest in a Magnificent 7 stock right now, which one would you choose?" Benzinga asked.
The results were:
NVIDIA Corp. NASDAQ:NVDA: 44%
Apple Inc NASDAQ:AAPL: 13%
Amazon.com Inc NASDAQ:AMZN: 11%
Microsoft Corp NASDAQ:MSFT: 10%
Tesla Inc NASDAQ:TSLA: 9%
Meta Platforms Inc. NASDAQ:META: 8%
Alphabet Inc NASDAQ:GOOGNASDAQ:GOOGL: 6%
The results of the poll showed a clear preference for Nvidia as the top place to invest $1,000 in today. The race for second place was much closer with Apple ranking slightly ahead of Amazon and Microsoft.
Potentially surprising to some, Alphabet ranked last in the poll with 6% of the vote, which could be due to recent concerns of a company breakup with an ongoing battle with
Did You Know?
Congress Is Making Huge Investments. Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use ToolWhy It's Important: The latest Benzinga poll shows Nvidia as a winner once again. The company was picked as the top Magnificent 7 stock to weather a recession, tying with Amazon for the victory. Both Nvidia and Amazon received 27% in the previous Benzinga poll.
Benzinga readers picked Meta, Alphabet and Tesla as the worst stocks to weather a recession. All three stocks also ranked last in this poll, suggesting that investors are not in favor of these three large-cap stocks during the current economic climate.
When selecting where to put $1,000 in today, investors could also be looking at past performance. Here's a look at the year-to-date and five-year performances of the Magnificent 7 stocks as of Aug. 15:
Alphabet: +15.3% YTD, +176.6% 5-YearAmazon: +16.0% YTD, +98.4% 5-YearApple: +13.0% YTD, +342.8% 5-YearMeta: +52.1% YTD, +194.8% 5-YearMicrosoft: +11.4% YTD, +212.7% 5-YearNvidia: +146.6% YTD, +3,154.5% 5-YearTesla: -14.0% YTD, +1,359.8% 5-YearA look at the performance shows that readers picked the top-performing Magnificent 7 stock of the past five years to put their $1,000 investment in. Tesla, which has the second-best 5-year performance ranked near the bottom in the new poll, suggesting investors don't see the same upside ahead.
For investors looking for exposure to the Magnificent 7 stocks without having to choose one or two winners, there is the Roundhill Magnificent Seven ETF NASDAQ:MAGS, which holds all seven stocks.
Read Next:
Benzinga’s ‘Stock Whisper’ Index: 5 Stocks Investors Secretly Monitor But Don’t Talk About YetThe study was conducted by Benzinga on Aug. 13 and Aug. 14, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 174 adults.
Photo: Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| stocks | null | null | null |
benzinga:21f43b7bd094b:0 | QQQ | Wall Street Eyes Sixth Positive Session On Upbeat Economic Data, Bonds Fall As Traders Lose Conviction In Large Rate Cuts (CORRECTED) | benzinga | https://benzinga.com/ | 2024-08-15T18:29:19+00:00 | https://www.tradingview.com/news/benzinga:21f43b7bd094b:0-wall-street-eyes-sixth-positive-session-on-upbeat-economic-data-bonds-fall-as-traders-lose-conviction-in-large-rate-cuts-corrected/ | null | [{'symbol': 'NASDAQ:TLT', 'base_logoid': 'ishares'}, {'symbol': 'AMEX:UUP', 'base_logoid': 'invesco'}, {'symbol': 'AMEX:SPY', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'AMEX:DIA', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}, {'symbol': 'AMEX:IWM', 'base_logoid': 'ishares'}, {'symbol': 'AMEX:XLK', 'base_logoid': 'sector/technology'}, {'symbol': 'AMEX:XLRE', 'base_logoid': 'sector/real-estate'}, {'symbol': 'NASDAQ:ULTA', 'base_logoid': 'ulta-beauty'}, {'symbol': 'NASDAQ:CSCO', 'base_logoid': 'cisco'}, {'symbol': 'NYSE:BABA', 'base_logoid': 'alibaba'}, {'symbol': 'NASDAQ:ASTS', 'base_logoid': 'ast-spacemobile'}, {'symbol': 'NYSE:DE', 'base_logoid': 'deere'}, {'symbol': 'NASDAQ:MNDY', 'base_logoid': 'monday-com'}, {'symbol': 'NASDAQ:JD', 'base_logoid': 'jd-com'}, {'symbol': 'NYSE:WMT', 'base_logoid': 'walmart'}, {'symbol': 'NASDAQ:MAT', 'base_logoid': 'mattel'}, {'symbol': 'NYSE:COHR', 'base_logoid': 'coherent'}, {'symbol': 'NYSE:HRB', 'base_logoid': 'block-h-and-r'}] | /news/benzinga:21f43b7bd094b:0-wall-street-eyes-sixth-positive-session-on-upbeat-economic-data-bonds-fall-as-traders-lose-conviction-in-large-rate-cuts-corrected/ | EN | Editor’s note: This story has been updated to correct a subheading on Thursday’s stock movers.Thursday saw one of the most pronounced risk-on sessions in Wall Street’s rebound from the selloff earlier in the month, as investors cheered the latest economic data, suggesting that earlier recession fea… | Editor’s note: This story has been updated to correct a subheading on Thursday’s stock movers.
Thursday saw one of the most pronounced risk-on sessions in Wall Street’s rebound from the selloff earlier in the month, as investors cheered the latest economic data, suggesting that earlier recession fears .
Small-cap stocks outperformed their larger counterparts, with the Russell 2000 index soaring nearly 3% for its . Both the S&P 500 and Nasdaq 100 are on track to extend their winning streaks to six consecutive sessions.
Robust retail sales figures for July, far exceeding expectations, and a decline in initial jobless claims contributed to the market’s enthusiasm.
Retail sales figures released for July showed a 1% month-over-month increase, significantly higher than the 0.3% expected by analysts and a sharp . This data, coupled with a decrease in initial unemployment claims last week to 227,000, provided a strong signal the U.S. economy might be more resilient than previously thought.
The positive economic data led to a shift in expectations regarding future Federal Reserve actions. The likelihood of a 50-basis-point rate cut in September diminished, with traders now assigning a 73% probability to a smaller 25-basis-point cut.
As expectations for aggressive monetary easing faded, bond yields surged, causing a 1.1% decline in the iShares 20+ Year Treasury Bond ETF NASDAQ:TLT. The U.S. dollar also strengthened, with the Invesco DB USD Index Bullish Fund ETF AMEX:UUP rising 0.3%, bolstered by a widening yield differential that pushed the greenback up over 1% against the Japanese yen.
In commodities, gold edged up 0.4%, while silver saw a substantial 3% rally. Crude oil prices rose by 1.6%, closing at $77.60 per barrel. Bitcoin also experienced a 2% gain, reflecting the broader risk-on sentiment in the market.
Thursday’s Performance In Major US Indices, ETFs
Major Indices1-day %chgRussell 20003.0%Nasdaq 1002.3%S&P 5001.6%Dow Jones1.3%According to Benzinga Pro data:
The SPDR S&P 500 ETF Trust AMEX:SPY was 1.6% higher to $552.26.The SPDR Dow Jones Industrial Average AMEX:DIA rose 1.3% to $405.32.The tech-heavy Invesco QQQ Trust Series NASDAQ:QQQ rallied 2.4% to $473.46.The iShares Russell 2000 ETF AMEX:IWM rocketed 3% to $212.89.The Technology Select Sector SPDR Fund AMEX:XLK outperformed, up by 2.5%. The Real Estate Select Sector SPDR Fund AMEX:XLRE lagged, down by 0.3%.Thursday’s Stock Movers
Ulta Beauty Inc. NASDAQ:ULTA skyrocketed by 12% after Warren Buffett’s Berkshire Hathaway revealed a significant new investment of approximately $260 million in the company.Cisco Systems Inc. NASDAQ:CSCO rallied 7% after reporting stronger-than-expected results last quarter. Other stocks moving in reaction to earnings reports included Alibaba Group Holding Limited NYSE:BABA, up 0.3%, AST SpaceMobil Inc. NASDAQ:ASTS, up 43%, Deere & Company NYSE:DE, up 6.6%, monday.com Ltd. NASDAQ:MNDY, up 1.1%, JD.com, Inc. NASDAQ:JD, up 4.4% and Walmart Inc. NYSE:WMT, up 6.5%. Companies reporting after the close are Applied Materials, Inc. NASDAQ:MAT, Coherent Corp. NYSE:COHR and H&R Block, Inc. NYSE:HRBRead Next:
Bill Ackman Cuts Chipotle Stake Right Before Stock Drop: Did Billionaire See What The Market Couldn’t?Photo via Shutterstock.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
urn:newsml:mtnewswires.com:20240815:A3205911:0 | MSFT | Electronic Arts, BioWare to Launch 'Dragon Age: The Veilguard' Video Game on Oct. 31 | mt-newswires | https://www.tradingview.com/news/providers/mt-newswires/ | 2024-08-15T17:33:03+00:00 | https://www.tradingview.com/news/mtnewswires.com:20240815:A3205911:0/ | null | [{'symbol': 'NASDAQ:EA', 'base_logoid': 'electronic-arts'}, {'symbol': 'TSE:6758', 'base_logoid': 'sony'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}] | /news/mtnewswires.com:20240815:A3205911:0/ | EN | Electronic Arts NASDAQ:EA and BioWare said Thursday that "Dragon Age: The Veilguard" video game will be released globally on Oct. 31 for Sony Group's TSE:6758 PlayStation 5, Microsoft's NASDAQ:MSFT Xbox Series X and S and PC via Steam, EA App and Epic Games Store. Players can also pre-order the sta… | Electronic Arts NASDAQ:EA and BioWare said Thursday that "Dragon Age: The Veilguard" video game will be released globally on Oct. 31 for Sony Group's TSE:6758 PlayStation 5, Microsoft's NASDAQ:MSFT Xbox Series X and S and PC via Steam, EA App and Epic Games Store.
Players can also pre-order the standard and deluxe editions to get various in-game cosmetics, the companies said.
| stocks | null | null | null |
benzinga:c7669e1c5094b:0 | 7203 | Toyota's Bold Move: Gasoline Cars May Be Phased Out As Hybrids Take Over | benzinga | https://benzinga.com/ | 2024-08-15T17:30:50+00:00 | https://www.tradingview.com/news/benzinga:c7669e1c5094b:0-toyota-s-bold-move-gasoline-cars-may-be-phased-out-as-hybrids-take-over/ | null | [{'symbol': 'NYSE:TM', 'base_logoid': 'toyota'}] | /news/benzinga:c7669e1c5094b:0-toyota-s-bold-move-gasoline-cars-may-be-phased-out-as-hybrids-take-over/ | EN | Although Toyota Motor Corp NYSE:TM has been one of the slowest legacy automakers to develop electric vehicles, it reportedly might be the first to eliminate cars powered solely by gasoline.Nearly 30 years after introducing the Prius, its groundbreaking gasoline-electric hybrid, Toyota plans to tran… | Although Toyota Motor Corp NYSE:TM has been one of the slowest legacy automakers to develop electric vehicles, it reportedly might be the first to
Nearly 30 years after introducing the Prius, its groundbreaking gasoline-electric hybrid, Toyota plans to transition most, and possibly all, of its Toyota and Lexus lineup to hybrid-only models, reported Reuters, citing statements from two Toyota executives.
Toyota’s persistent emphasis on hybrids rather than EVs reflects a broader challenge by the world’s largest automaker against the prevailing industry and regulatory belief that all cars will soon be electric.
In January, Toyota Chairman Akio Toyoda expressed his belief that the global share of EVs would peak at around 30%.
Read Also:
The Japanese automaker promotes a “multi-pathway” strategy, incorporating EVs, hybrids, hydrogen fuel-cell vehicles, green fuels and potentially other future technologies.
“Going forward, we plan to evaluate, carline by carline, whether going all-hybrid makes sense,” David Christ, head of sales and marketing for Toyota in North America, told Reuters.
These evaluations will occur with each model redesign, if not sooner.
This includes the upcoming overhaul of the RAV4 for the 2026 model year. As America’s top-selling SUV, the RAV4 already offers hybrid variants that makeup about half its sales. According to two sources familiar with Toyota’s product planning, the company will likely eliminate the gasoline-only version for the North American market. However, no final decision has been made yet.
Toyota has already discontinued the gasoline-only Camry, its best-selling sedan, for the 2025 model year, and its rugged Land Cruiser and Sienna minivan now come exclusively as hybrids.
Many hybrid-only models are expected to offer a plug-in hybrid option with a larger battery. This initiative to transition nearly all of Toyota’s North American lineup to hybrid-only vehicles has not been previously reported.
TM Price Action: Toyota shares are trading higher by 2.53% to $181.48 at publication Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Read Next:
Photo: Toyota Prius courtesy Toyota
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| stocks | null | null | null |
tag:reuters.com,2024-08-15:newsml_NFCbvVlWt:0 | 7203 | Toyota Motor (TM) Admits to Mishandling Safety Tests, Faces Securities Class Action - Hagens Berman | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-15T16:52:00+00:00 | https://www.tradingview.com/news/reuters.com,2024-08-15:newsml_NFCbvVlWt:0-toyota-motor-tm-admits-to-mishandling-safety-tests-faces-securities-class-action-hagens-berman/ | null | [{'symbol': 'NYSE:TM', 'base_logoid': 'toyota'}] | /news/reuters.com,2024-08-15:newsml_NFCbvVlWt:0-toyota-motor-tm-admits-to-mishandling-safety-tests-faces-securities-class-action-hagens-berman/ | EN | San Francisco, California--(Newsfile Corp. - August 15, 2024) - Hagens Berman urges Toyota Motor Corporation NYSE:TM investors who suffered substantial losses to take action now by submitting your losses here.Class Period: June 23, 2022 - June 2, 2024Lead Plaintiff Deadline: Aug. 23, 2024Visit: www… | San Francisco, California--(Newsfile Corp. - August 15, 2024) - Hagens Berman urges Toyota Motor Corporation NYSE:TM investors who suffered substantial losses to take action now by submitting your losses here.
Class Period: June 23, 2022 - June 2, 2024
Lead Plaintiff Deadline: Aug. 23, 2024
Visit: www.hbsslaw.com/investor-fraud/tm
Contact the Firm Now: TM@hbsslaw.com
844-916-0895
Class Action Lawsuit Against Toyota Motor Corporation NYSE:TM:
The litigation is focused on the truthfulness of Toyota's past statements concerning certification of its cars, including those manufactured by its majority-owned Hino Motors Ltd. and by its consolidated subsidiary Daihatsu Motor Co. Ltd.
More specifically, on June 23, 2022, Toyota highlighted the importance of maintaining its brand image and disclosed that Hino had "identified past misconduct in relation to its applications for certification concerning the emissions and fuel economy performance of certain of its engines for the Japanese market." Then, on June 30, 2023, Toyota revealed that Daihatsu identified "misconduct in relation to its applications for certification concerning safety tests of certain of its vehicles for the overseas market."
Toyota assured investors that it was working to rectify these and other matters on a company-wide level.
The complaint alleges that Toyota made false and misleading statements and failed to disclose that it understated its malfeasance relating to certification of its cars and issues relating to overall legal compliance.
The true scope of Toyota's malfeasance became clear to investors on June 3, 2024, when the company announced its results of an investigation into model certification applications (ordered by Japan's Ministry of Land, Infrastructure, Transport and Tourism) and revealed that seven of its models were tested using methods that differed from government standards.
This news drove the price of Toyota American Depositary Shares significantly lower on June 3, 2024.
"Our investigation centers on the extent to which Toyota may have intentionally concealed the true scope of problems in its certification processes," said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in Toyota and have substantial losses, or have knowledge that may assist the firm's investigation, submit your losses now »
If you'd like more information and answers to frequently asked questions about the Toyota case and our investigation, read more »
Whistleblowers: Persons with non-public information regarding Toyota should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email TM@hbsslaw.com.
# # #
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Contact:
Reed Kathrein, 844-916-0895
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220072
| stocks | null | null | null |
tag:reuters.com,2024:newsml_L6N3K20E3:0 | MSFT | Google brings AI answers in Search to new countries | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-15T15:06:16+00:00 | https://www.tradingview.com/news/reuters.com,2024:newsml_L6N3K20E3:0-google-brings-ai-answers-in-search-to-new-countries/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}] | /news/reuters.com,2024:newsml_L6N3K20E3:0-google-brings-ai-answers-in-search-to-new-countries/ | EN | Google parent Alphabet NASDAQ:GOOG said on Thursday it was expanding its AI-generated summaries for search queries to six new countries, just two months after it rolled back some capabilities following a problem-riddled launch.The search giant made AI Overviews - which are displayed atop a search r… | Google parent Alphabet NASDAQ:GOOG said on Thursday it was expanding its AI-generated summaries for search queries to six new countries, just two months after it rolled back some capabilities following a problem-riddled launch.
The search giant made AI Overviews - which are displayed atop a search results page before traditional links to the Web - available to all U.S. users in May after spending one year trialing a limited earlier version.
The feature was widely panned after screenshots of factually inaccurate answers circulated across the internet, such as a pizza recipe that listed glue as an ingredient and an answer wrongly stating that former U.S. President Barack Obama is Muslim.
Google acknowledged the "odd and erroneous overviews" and announced updates to the product in a blog post in late May. These updates added restrictions to which queries would display AI answers and curbed user-generated content from websites like Reddit from serving as source material for answers.
"I have enough evidence to say that quality is only improving," Hema Budaraju, a senior director of product at Google, told Reuters in an interview on Wednesday.
She pointed to data Google collects internally, which showed that users with access to the feature reported higher levels of satisfaction and searched for longer, more specific queries than users who did not.
AI Overviews is now coming to the Brazil, India, Indonesia, Japan, Mexico and Britain, in local languages such as Portuguese and Hindi.
Google is also adding more hyperlinks to the feature. Websites will be displayed to the right side of the AI-generated answer.
The company is also internally testing a further update that would add links directly within the text of the overview, part of an effort "prioritizing approaches that drive traffic to relevant websites," it said in a Thursday blog post.
The updates come amid concerns the media industry has been voicing for more than a year about the possibility that the AI-generated search feature could cost media companies referral traffic to their sites. Budaraju said the new update would have a "three-way benefit" for Google, consumers and publishers.
Last week a U.S. judge ruled Google had an illegal monopoly on search, clearing the way for a trial that could force the breakup of Alphabet. AI advances from rivals like Microsoft-backed NASDAQ:MSFT OpenAI could pose an even bigger threat.
| stocks | null | null | null |
benzinga:a4b8469a4094b:0 | QQQ | What's Going On With Tesla Stock Today | benzinga | https://benzinga.com/ | 2024-08-15T14:18:21+00:00 | https://www.tradingview.com/news/benzinga:a4b8469a4094b:0-what-s-going-on-with-tesla-stock-today/ | null | [{'symbol': 'NASDAQ:TSLA', 'base_logoid': 'tesla'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}, {'symbol': 'AMEX:SPY', 'base_logoid': 'spdr-sandp500-etf-tr'}] | /news/benzinga:a4b8469a4094b:0-what-s-going-on-with-tesla-stock-today/ | EN | Tesla Inc NASDAQ:TSLA shares are trading higher by 5.77% to $213 during Thursday’s session. The stock is trading higher after stronger-than-expected retail sales, potentially signaling increased consumer demand and confidence, which may boost expectations for higher vehicle sales.The strong retail… | Tesla Inc NASDAQ:TSLA shares are trading higher by 5.77% to $213 during Thursday’s session. The stock is trading higher after stronger-than-expected retail sales, potentially signaling increased consumer demand and confidence, which may for higher vehicle sales.
The strong retail sales data indicates that consumers are willing and able to spend more, which bodes well for high-ticket items like . Tesla, as a leader in the EV market, could benefit from increased demand for its cars, driving higher sales and revenue.
Among the spending categories highlighted in the report, motor vehicle and parts dealers saw a 3.6% increase, which suggests growing consumer interest in purchasing vehicles. As consumers increasingly prioritize environmentally friendly options, Tesla stands to capture a large share of this increased demand for vehicles.
Additionally a strong labor market, indicated by lower-than-expected jobless claims, supports economic stability, which can translate into greater consumer confidence in making significant purchases like cars. Tesla’s premium products are more likely to see sustained or increased sales in such an environment.
The rise in major indexes Thursday, such as the Invesco QQQ Trust, Series 1 NASDAQ:QQQ and SPDR S&P 500 ETF Trust AMEX:SPY, also often lifts individual stocks within these indices. Tesla, being a significant component of these indices, could see its stock rise in tandem with broader market gains as investors move into riskier assets like tech stocks during times of economic optimism.
Read Also:
How To Buy TSLA Stock
By now you're likely curious about how to participate in the market for Tesla – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.
In the the case of Tesla, which is trading at $201.38 as of publishing time, $100 would buy you 0.5 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
According to data from Benzinga Pro, TSLA has a 52-week high of $278.98 and a 52-week low of $138.80.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
gurufocus:2425e1f4b094b:0 | MSFT | Microsoft: Navigating AI Investments Amid Market Volatility | gurufocus | https://www.gurufocus.com/ | 2024-08-15T14:00:02+00:00 | https://www.tradingview.com/news/gurufocus:2425e1f4b094b:0-microsoft-navigating-ai-investments-amid-market-volatility/ | null | [{'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:AMZN', 'base_logoid': 'amazon'}, {'symbol': 'NYSE:LUMN', 'base_logoid': 'lumen'}] | /news/gurufocus:2425e1f4b094b:0-microsoft-navigating-ai-investments-amid-market-volatility/ | EN | Despite being seen as a key beneficiary of the artificial intelligence boom, primarily due to its strategic investment in OpenAI, Microsoft Corp.'s NASDAQ:MSFT stock has underperformed broader markets and its mega-cap peers this year. After a strong start, the stock has only gained about 7.10% year… | Despite being seen as a key beneficiary of the artificial intelligence boom, primarily due to its strategic investment in OpenAI, Microsoft Corp.'s NASDAQ:MSFT stock has underperformed broader markets and its mega-cap peers this year. After a strong start, the stock has only gained about 7.10% year to date. This is a significant decline from its mid-July peak, where it was up nearly 25%.
The downturn can be attributed to weaker-than-expected near-term prospects at Azure following the latest earnings release and the broader global market sell-off driven by disappointing employment data, which heightened recessionary fears.
MSFT Data by GuruFocus
Even with this moderate sell-off, despite strong fourth-quarter earnings, I believe there is no reason to be less bullish on Microsoft now than a few months ago. The company's core fundamentals remain robust, with all three business segments continuing to show solid growth, led by the impressive performance of the Intelligent Cloud division. Microsoft's operating leverage remains resilient, and the company continues to be a free cash flow powerhouse, even as it ramps up research and development and capital expenditures. I see a clear path to double-digit forward returns, making Microsoft a compelling long-term opportunity.
I have long held the view that Microsoft would be a frontrunner in the AI revolution, and the past year has only strengthened this belief. The company's operational momentum continues to build, reinforcing my confidence. Despite the market's overreaction to fourth-quarter 2024 earnings, I believe Microsoft still has significant growth potential. For investors who buy at current levels, this could be an excellent opportunity to secure substantial future gains. In this analysis, I will explain why I remain bullish on Microsoft and why I believe the market's response to the recent earnings report was unwarranted.
Continued growth in Azure and cloud services
Despite the expected deceleration in Azure's growth through the first half of fiscal 2025, Microsoft has witnessed substantial growth in recent quarters. Azure Cloud Services reported a 29% revenue increase in the fourth quarter, while Microsoft Cloud recorded a 21% rise, driven by the broader adoption of AI-enhanced services across its offerings. In recent times, the performance of Microsoft's quarters has largely hinged on Azure's success, and the fourth quarter was no exception. However, it is important to note the slowdown in Azure's growth was primarily due to AI-related capacity constraintsindicating a supply issue rather than a lack of demand. Demand for Azure AI remains robust, underscoring its pivotal role in driving the company's growth.
Microsoft, a significant client of Nvidia Corp. NASDAQ:NVDA, is in fierce competition with Alphabet's NASDAQ:GOOG Google and Amazon NASDAQ:AMZN within the cloud market. As of the first quarter of 2024, the company's share of the global cloud market grew from 22% to 25% over the prior four quarters, outpacing both Amazon Web Services and Google Cloud Platform. While AWS has long been the leader in cloud computing, the competitive landscape is shifting. Recent developments suggest Azure could potentially overtake AWS as the leading cloud service provider by 2026. The Azure OpenAI service, which enables customers to build AI applications without the need for expensive hardware, is a critical driver of this growth. As Microsoft's AI and cloud services continue to evolve, the company is well-positioned to challenge AWS's dominance in the coming years.
Source: Statista
Strategic AI investments and infrastructure expansion
Microsoft's aggressive investment in AI for Azure is attracting new customers and even luring AWS and GCP users to switch. The increasing revenue and profits generated from AI demonstrate the company's strategy is moving in the right direction, albeit at a steady pace rather than explosive growth. The current supply constraints highlight the overwhelming demand, justifying Microsoft's continued investment in AI. The company has outlined plans to invest billions in data centers and AI hubs globally, including a multibillion-dollar investment in Spain. Additionally, it has partnered with Lumen Technologies NYSE:LUMN to expand network capacity and support the rising demand on data centers.
This aggressive investment in AI infrastructure underscores management's strong conviction in capturing a share of the potential $1.30 trillion market opportunity. Microsoft's broad representation in the cloud value chain positions it well to anticipate and meet demand, making its continued investment in data center expansion a logical and necessary step.
Strong fourth-quarter financial performance despite market overreaction
The software giant delivered another robust quarter on July 30, surpassing revenue and earnings per share consensus estimates. The fourth quarter saw a 15.20% year-over-year increase in revenue, with adjusted earnings rising from $2.69 to $2.95 per share, driven in part by strong operating leverage. Notably, Microsoft Cloud posted 21% year-over-year growth, while Azure and Cloud Services recorded a 29% increase. Of the latter, 8% was driven by Microsoft's generative AI services, which, while contributing modestly, still reflects the significant impact of AI on Microsoft's largest growth segments. Contrary to market expectations for explosive growth, I view the current levels of growth as reasonable and on the right trajectory, likely to accelerate as Microsoft's substantial AI investments begin to pay off.
Source: Microsoft's Investor Relations
Investors were disappointed by what they perceived as a slowdown in Azure's growth, which reported a 29% year-over-year increase (30% in constant currency), falling short of both the company's forecast of 30% to 31% and analysts' expectations of over 30%. However, I find it hard to label a 29% growth rate as a "slowdown." The market's reaction, leading to a sell-off, seems irrational to me. Microsoft is not overbuilding; it is expanding its capacity to meet customer demand. As this capacity comes online through continued investments, I expect growth rates to pick up.
Balancing AI investments with financial health
The transition to generative artificial intelligence at Microsoft is resource-intensive, with capital expenditures in fiscal 2024 reaching $45 billion and even higher expenditures for 2025, according to management forecasts. This has raised concerns about the company's profit margins moving forward. While Microsoft projects double-digit revenue and operating income growth, the increased capex will inevitably impact profitability. Investors should not expect significant margin expansion in the near term as operating margins are expected to hold steady with a slight decline of about 1%. However, in the longer term, as AI infrastructure investments stabilize and mature, I anticipate significant upward pressure on operating margins given the potential of AGI to drive widespread benefits.
Source: Microsoft's Investor Relations
Microsoft's strong free cash flow generation is a testament to its solid operating leverage. The company generated $12.40 billion in levered FCF during the quarter, despite a $5 billion year-over-year increase in capex. This robust FCF has further strengthened its balance sheet, which now boasts a $75 billion cash reserve.
This financial flexibility positions Microsoft well for significant acquisitions, as evidenced by the $69 billion Activision Blizzard deal in 2023. Capex as a percentage of total revenue has surged from the low teens to the high teens, driven by the generative AI boom since 2023. Management has indicated that capex investments will increase materially in 2025, surpassing 2024 levels. While this elevated spending might create a near-term headwind on FCF, the strong demand outlook, supported by cloud migrations and AI adoption, justifies this strategic investment.
Valuation perspective
Following the recent sell-off, Microsoft is trading at 21.50 times forward earnings, positioning it as an attractive pick among the Magnificent Seven. This valuation is slightly lower than Amazon's price-earnings ratio of 23 and Apple's ratio of 25, making Microsoft a compelling option, particularly since only Meta is trading at a cheaper valuation. I anticipate Microsoft maintaining a 25 to 30 times earnings multiple as its top-line growth moderates to the 6% to 8% range.
This outlook is underpinned by the company's strong net cash position, highly recurring revenue base and projected long-term net margins of 40% to 45%. Investors can expect returns driven by both top-line growth and earnings yield, with the added confidence that Microsoft has historically been a reliable buy during market pullbacks. Given the current market meltdown in the U.S. due to recessionary fears, now appears to be an ideal time to invest in a high-quality company at a reasonable price. Microsoft's strong financial performance across cycles further enhances its attractive return proposition.
Source: valueinvesting.io
From a discounted cash flow perspective, using a discount rate of 8.80% and a five-year exit Ebitda multiple of 21.80, aligned with peers, I derive a valuation of approximately $472 per share. This suggests an upside of 16.20% based on conservative estimates. This valuation reflects my belief that Microsoft is likely to maintain stability at current levels as management continues to execute on its AI roadmap.
Considering Microsoft's significant growth potential amid the AI boom, its integration of AI technology and continued increases in revenue and earnings, this valuation provides a substantial margin of safety. Additionally, the company's potential to expand and enhance revenue streams in emerging and developing markets is strong. The company is well-positioned to gain market share from AWS and GCP, particularly with its ongoing advancements in AI through its dedicated AI division. These initiatives are expected to further strengthen Microsoft's position in the tech industry, driving sustained growth and value creation for shareholders.
Wrapping up
Despite recent market overreactions and a temporary slowdown in Azure's growth, Microsoft's core fundamentals and strategic investments in AI underscore its long-term potential. The company remains a solid investment opportunity, especially in a volatile market, with strong financial performance and a well-positioned AI roadmap likely to drive future growth and value creation for shareholders.
| stocks | null | null | null |
AA1oQX4y | 7203 | ホンダ、日産連携の「本丸」はＳＤＶ トヨタ系との２大陣営で国内自動車産業を底上げへ | 産経新聞 | http://www.sankei.com/ | 2024-08-15T13:43:12+00:00 | https://www.msn.com/ja-jp/money/other/ホンダ-日産連携の-本丸-はｓｄｖ-トヨタ系との２大陣営で国内自動車産業を底上げへ/ar-AA1oQX4y | null | null | https://www.sankei.com/article/20240801-YXSWM4VOTZIW5MKRRO5R4UXJGE/ | null | ホンダと日産自動車が１日に合意した電気自動車（ＥＶ）を中心とする電動化に関する広範な戦略提携で、最も重要になるのは車をソフトウエアで制御する「ＳＤＶ（ソフトウエア・デファインド・ビークル）」と呼ばれる次世代車の領域だ。 ＥＶ大手の米テスラや中国の比亜迪（ＢＹＤ）はこの領域の取り組みで先行しており、ホンダと日産が「今までのやり方では世界をとらえることはできない... | ホンダと日産自動車が１日に合意した電気自動車（ＥＶ）を中心とする電動化に関する広範な戦略提携で、最も重要になるのは車をソフトウエアで制御する「ＳＤＶ（ソフトウエア・デファインド・ビークル）」と呼ばれる次世代車の領域だ。 ＥＶ大手の米テスラや中国の比亜迪（ＢＹＤ）はこの領域の取り組みで先行しており、ホンダと日産が「今までのやり方では世界をとらえることはできない」（ホンダの三部敏宏社長）と、連帯に踏み切った大きな理由もここにある。
ソフト更新で機能を追加
ＳＤＶでは従来の機械系部品に替わって、車載基本ソフト（ＯＳ）や人工知能（ＡＩ）などのＩＴが開発の基盤となり、車づくりが根本的に変わる。ソフトの更新による機能の修正・追加が可能なほか、スマートフォンのように新たなアプリの導入で車の乗員にさまざまなサービスも提供できる。ネットワークで収集したデータや車載電池の電力を利用するなどのサービス事業がメーカーの収益構造まで変えていくと見込まれている。
ＥＶなどの電動車と親和性が高いＳＤＶは、脱炭素化の進展に伴い将来の国内自動車産業の競争力を左右するとみられ、政府も５月、２０３０年に日本勢で世界販売シェア３割を目指す戦略案を打ち出していた。
「基盤技術」投入に時間
ただ、車載ＯＳなどＳＤＶのソフト開発には「４けた億円」（三部氏）の巨費が必要で、「競争力を高めるには仲間が必要」（日産自動車の内田誠社長）だった。
トヨタ自動車は既に独自開発中の車載ＯＳ「アリーン」や電池、ハイブリッド技術などの電動化分野で、資本提携先のマツダやＳＵＢＡＲＵなどとの連携を進めていたが、そのトヨタ陣営に対抗する企業連帯ができたことで、国内２大勢力の切磋琢磨が「日の丸ＳＤＶ」の競争力を高める構図が整った形だ。
もっとも、「３０年の手前には出したい」（三部氏）と、ホンダと日産が連帯する次世代車載ＯＳなどのＳＤＶの基盤技術の投入までにはまだ時間がかかる。それぞれ自社技術に自信を持つ両社の開発者がどこまで連携の相乗効果を発揮できるかは見通せない。両社が合意した内容も基礎的な共同研究で、量産開発はその成果次第と慎重だ。
販売力の早期強化が先決
そもそも、日産は北米や中国での新車販売で苦戦し、４～６月期の営業利益が前年同期比約９９％減と低迷している。三菱自動車を加えた３社陣営の販売台数約８３３万台の基盤が目減りしていくようなことがあれば、連帯のスケールメリットも絵に描いた餅になりかねない。まずは電池や「ｅアクスル」と呼ぶＥＶ部品、車両の相互補完の戦略提携で、各社が早期に販売の地力を強化するのが先決だ。
ホンダ、日産、三菱自がそれぞれのブランド力を高めることが３社陣営の成功のカギになる。（池田昇） | stocks | article | トヨタ自動車株式会社 | msn_money |
benzinga:9b4cb6a21094b:0 | QQQ | Retail Sales Soar In July, Weekly Jobless Claims Undercut Expectations: Traders Lean Towards 25-Basis-Point Cut In September | benzinga | https://benzinga.com/ | 2024-08-15T12:44:22+00:00 | https://www.tradingview.com/news/benzinga:9b4cb6a21094b:0-retail-sales-soar-in-july-weekly-jobless-claims-undercut-expectations-traders-lean-towards-25-basis-point-cut-in-september/ | null | [{'symbol': 'AMEX:SPY', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}] | /news/benzinga:9b4cb6a21094b:0-retail-sales-soar-in-july-weekly-jobless-claims-undercut-expectations-traders-lean-towards-25-basis-point-cut-in-september/ | EN | U.S. retail sales soared by 1% month-over-month in July, sharply rebounding from stagnation in June and far outpacing the anticipated 0.3%, according to preliminary estimates released Thursday.At the same time, initial jobless claims fell short of expectations last week, signaling easing concerns i… | U.S. retail sales soared by 1% month-over-month in July, sharply rebounding from stagnation in June and far outpacing the anticipated 0.3%, according to preliminary
At the same time, initial jobless claims fell short of expectations last week, signaling easing concerns in labor market conditions.
July Retail Sales Report: Key Highlights
On a year-over-year basis, retail sales increased by 2.7% in July, picking up from a downwardly revised 2% rise in June.Excluding motor vehicles and parts, retail sales grew by 0.4% month-over-month, down from an upwardly revised 0.5% in June but topping economist expectations of 0.1% as tracked by TradingEconomics.When excluding gasoline, motor vehicles, and parts, retail sales rose by 0.4% month-over-month in July, easing from a 0.8% increase in June.Among spending categories, the largest monthly gains were recorded in motor vehicle and parts dealers, with a 3.6% increase, followed by electronics and appliance stores, which saw a 1.6% rise.Conversely, miscellaneous store retailers experienced the steepest decline, with sales dropping 2.5%.Unemployment Benefits Report: Key Highlights
Initial unemployment benefits totaled 227,000 for the week ending Aug. 9, down from 234,000 in the previous week and missing the expected 235,000. The four-week moving average of weekly jobless claims, which smooths out weekly volatility, fell from 241,000 to 236,500. Continuing claims inched down from revised 1.871 million to 1.864 million, falling short of the forecasted 1.88 million.Market Reactions
Prior to Thursday’s economic data, traders had assigned a 63% chance of a 25-basis-point interest rate cut at the Federal Reserve’s September meeting, up from 45% a week ago.
In Thursday's premarket trading, U.S. index futures were in positive territory. As of 8:37 a.m. ET, Nasdaq 100 futures were up 0.8%, S&P 500 futures gained 0.7% and Dow Jones futures edged higher by 0.6%. Both Treasury yields and the dollar rose.
On Wednesday, both the SPDR S&P 500 ETF Trust AMEX:SPY and the Invesco QQQ Trust NASDAQ:QQQ notched their fifth straight session of gains.
Read Next:
Photo via Shutterstock.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
urn:newsml:mtnewswires.com:20240815:A3205610:0 | 7203 | Market Chatter: Toyota Motor Considering Shift to Hybrid-Only Models | mt-newswires | https://www.tradingview.com/news/providers/mt-newswires/ | 2024-08-15T12:34:40+00:00 | https://www.tradingview.com/news/mtnewswires.com:20240815:A3205610:0/ | null | [{'symbol': 'TSE:7203', 'base_logoid': 'toyota'}] | /news/mtnewswires.com:20240815:A3205610:0/ | EN | Toyota Motor TSE:7203 plans to evaluate each Toyota and Lexus model for possible conversion to "hybrid-only models," Reuters reported Thursday, citing company executives. "Going forward, we plan to evaluate, carline by carline, whether going all-hybrid makes sense," Reuters quoted David Christ, hea… | Toyota Motor TSE:7203 plans to evaluate each Toyota and Lexus model for possible conversion to "hybrid-only models," Reuters reported Thursday, citing company executives.
"Going forward, we plan to evaluate, carline by carline, whether going all-hybrid makes sense," Reuters quoted David Christ, head of sales and marketing for Toyota in North America, as saying.
The automaker plans to conduct these assessments during each model redesign, if not sooner, Reuters said.
Toyota is likely to drop the gasoline-only model for the North American market, though a final decision has yet to be made, two people familiar with the product planning discussions reportedly told Reuters.
The automaker is no longer offering the gasoline-only version of the Camry for the 2025 model year while the Land Cruiser and Sienna come only as hybrids, the report said.
Shares of Toyota were up more than 2% in recent premarket activity Thursday.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
| stocks | null | null | null |
DJN_DN20240815002325:0 | NVDA | Nvidia Stock Falls. Rivals Falter in Bid to Challenge AI Chip Dominance. — Barrons.com | dow-jones | https://www.tradingview.com/news/providers/dow-jones/ | 2024-08-15T11:31:00+00:00 | https://www.tradingview.com/news/DJN_DN20240815002325:0/ | 2024 Dow Jones & Company, Inc. All rights reserved. | [{'symbol': 'NASDAQ:AVGO', 'base_logoid': 'broadcom'}, {'symbol': 'NASDAQ:INTC', 'base_logoid': 'intel'}, {'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'TSE:9984', 'base_logoid': 'softbank'}, {'symbol': 'NASDAQ:AMD', 'base_logoid': 'advanced-micro-devices'}] | /news/DJN_DN20240815002325:0/ | EN | By Adam ClarkNvidia was edging down early Thursday after the chip maker's rally from recent lows. However, its dominance in AI chips was bolstered further amid peers' struggles to create a credible competitor.Nvidia shares were falling 0.7% at $117.30 in premarket trading. The stock closed up 1.7… | By Adam Clark
Nvidia was edging down early Thursday after the chip maker's rally from recent lows. However, its dominance in AI chips was bolstered further amid peers' struggles to create a credible competitor.
Nvidia shares were falling 0.7% at $117.30 in premarket trading. The stock closed up 1.7% on Wednesday.
The shares have rebounded from recent lows of below $100 as Wall Street analysts issued a series of upbeat forecasts for Nvidia's earnings report on Aug. 28. However, trading remains volatile with earnings season mixed for stocks that have previously been boosted by excitement over AI technology.
So far, Nvidia remains dominant as the provider of artificial-intelligence chips to large technology companies despite an increasing number of rivals hoping to displace it. Analysts at Citi have forecast Nvidia will maintain a market share of around 90% in AI-related chips for the next two to three years.
One would-be competitor is Japan's SoftBank Group, however the company's talks with Intel to manufacture AI chips rivaling those made by Nvidia fell apart in recent months, according to the Financial Times, citing people familiar with the matter.
SoftBank and Intel didn't immediately respond to requests for comment on the report early Thursday. Intel shares were up 0.3% in premarket trading.
So far, there has been little tangible result from earlier reports that SoftBank had talks with OpenAI CEO Sam Altman about the latter's hopes of raising trillions of dollars for AI chip manufacturing.
Among other chip makers, Advanced Micro Devices was down 0.2% and Broadcom was rising 0.2% in premarket trading.
Write to Adam Clark at adam.clark@barrons.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
| stocks | null | null | null |
benzinga:670b95006094b:0 | QQQ | S&P 500 Eyes 6th Straight Win, But Investor Sentiment Remains Cautious Ahead Of Data Deluge, Walmart Earnings And Other Key Events | benzinga | https://benzinga.com/ | 2024-08-15T11:29:22+00:00 | https://www.tradingview.com/news/benzinga:670b95006094b:0-s-p-500-eyes-6th-straight-win-but-investor-sentiment-remains-cautious-ahead-of-data-deluge-walmart-earnings-and-other-key-events/ | null | [{'symbol': 'NYSE:WMT', 'base_logoid': 'walmart'}, {'symbol': 'NASDAQ:GOOGL', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:CSCO', 'base_logoid': 'cisco'}, {'symbol': 'NASDAQ:LITE', 'base_logoid': 'lumentum-hldgs'}, {'symbol': 'NYSE:BABA', 'base_logoid': 'alibaba'}, {'symbol': 'NASDAQ:JD', 'base_logoid': 'jd-com'}, {'symbol': 'NYSE:DE', 'base_logoid': 'deere'}, {'symbol': 'NASDAQ:MAT', 'base_logoid': 'mattel'}, {'symbol': 'NYSE:COHR', 'base_logoid': 'coherent'}, {'symbol': 'NYSE:HRB', 'base_logoid': 'block-h-and-r'}, {'symbol': 'NASDAQ:SIRI', 'base_logoid': 'sirius-xm'}, {'symbol': 'NASDAQ:ULTA', 'base_logoid': 'ulta-beauty'}, {'symbol': 'NYSE:NKE', 'base_logoid': 'nike'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}] | /news/benzinga:670b95006094b:0-s-p-500-eyes-6th-straight-win-but-investor-sentiment-remains-cautious-ahead-of-data-deluge-walmart-earnings-and-other-key-events/ | EN | U.S. stocks are on track for a modestly higher start on Thursday, with the S&P 500 looking to extend the winning streak to six sessions. The ultimate trading direction of the day could hinge on a slew of key data, due for the day, pertaining to the job market, consumer spending and manufacturing ac… | U.S. stocks are on track for a modestly higher start on Thursday, with the S&P 500 looking to extend the winning streak to six sessions. The ultimate trading direction of the day could hinge on a slew of key data, due for the day, pertaining to the job market, consumer spending and manufacturing activity as well as retail earnings. Most of these have relevance for growth at a time when
Fund manager Louis Navellier said the July retail sales report along with Walmart, Inc. NYSE:WMT should offer clues regarding the health of the consumer. These catalysts are all the more important, given concerns expressed by companies over the health of consumers on their earnings calls as well as the higher credit card balances and rising delinquency rates. Walmart shares rose over 6% in premarket following its quarterly beat and an upward revision to full-year guidance.
FuturesPerformance (+/-)Nasdaq 100+0.07%S&P 500+0.04%Dow+0.18%R2K-0.5%Cues From Last Session:
Wall Street closed Wednesday’s session higher, although trading sentiment remained lackluster for much of the day following the July consumer price inflation that came in line with expectations. Alphabet, Inc. NASDAQ:GOOGL NASDAQ:GOOG led communication services stocks lower amid rumors that the Department of Justice is contemplating a break-up of the search giant amid anti-trust concerns.
The major averages opened higher but turned lower immediately after, but the Dow Industrials and the S&P 500 Index recovered and traded mostly higher for the remainder of the session. The tech-heavy Nasdaq Composite was confined in negative territory for the bulk of the session and yet ended marginally higher.
All three averages are now at their highest levels in about two weeks.
IndexPerformance (+/)ValueNasdaq Composite+0.03%17,192.60S&P 500 Index+0.38%5,455.21Dow Industrials+0.61%40,008.39Russell 2000+0.52%2,084.32Insights From Analysts:
The recent equity market pullback should not be a deterrent for investors, according to a market strategist. “Despite the negative market action, we don't believe that there's a reason for equity investors to exercise significant caution,” said Eric Freedman, chief investment officer for U.S. Bank Wealth Management, in a note released on Aug. 8.
“We still think it's a great time to be invested and for those with money in cash, it represents an opportunity to put capital to work in longer-term assets,” he said.
Navellier said in a note to clients that he expects the market recovery to continue, as any weakness in economic data only increases the odds of a more aggressive Fed-cutting cycle.
Upcoming Economic Data:
The Commerce Department will release the July retail sales report at 8:30 a.m. EDT, with economists, on average, estimating a 0.3% month-over-month increase in the headline number, following stagnant sales in the previous month. The growth in retail sales, excluding autos, may have decelerated from 0.4% to 0.1%.The Labor Department is scheduled to release the weekly jobless claims report at 8:30 a.m. EDT. The consensus estimate calls for the number of individuals claiming unemployment benefits to come in at 235,000 units for the week ended Aug. 10, up slightly from 233,000 in the previous week. The Labor Department will also release the import and export prices report for July around the same time.The New York Fed and the Philadelphia Fed will release the results of their separate regional manufacturing surveys for August at 8:30 a.m. EDT. The business conditions index based on the New York Fed’s survey is expected to remain in contraction territory at -6 compared to -6.6 in July. The Philadelphia Fed’s diffusion index of business activity is expected to come in at 7.9 for August, down from 13.9 in July.St. Louis Fed President Alberto Musalem is due to make a public appearance at 9:10 a.m. EDT.The Federal Reserve is scheduled to release the industrial production report for July at 9:15 a.m. EDT. Economists, on average, expect a 0.1% month-over-month dip in output, reversing some of the 0.6% increase in June.Philadelphia Fed President Patrick Harker is due to speak at 1:10 p.m. EDT.See also:
Stocks In Focus:
Cisco Systems, Inc. NASDAQ:CSCO rose over 6% following the release of the networking giant’s quarterly results, and Lumentum Holdings Inc. NASDAQ:LITE soared over 16%, also in reaction to its quarterly results.Alibaba Group Holding Limited NYSE:BABA, JD.com, Inc. NASDAQ:JD, Walmart and Deere & Company NYSE:DE are among the notable companies reporting earnings ahead of the market open.Those reporting after the close are Applied Materials, Inc. NASDAQ:MAT, Coherent Corp. NYSE:COHR and H&R Block, Inc. NYSE:HRB.Sirius XM Holdings Inc. NASDAQ:SIRI and Ulta Beauty, Inc. NASDAQ:ULTA jumped over 13% and 15%, respectively, after Warren Buffett’s Berkshire Hathaway, Inc. (NYSE:BRK) (BRK-B) stake disclosures.Nike, Inc. NYSE:NKE rose over 4% after Bill Ackman’s Pershing Square initiated a position in the company.Commodities, Bonds And Global Equity Markets:
Crude oil and gold futures rebounded after Wednesday’s slide, with the latter trading under $2,500-an-ounce level. The 10-year Treasury note yield rose 1.7 points to 3.839%. Bitcoin pulled back by over 4% over the past 24 hours, falling back toward the $54,000 level.
The Asian markets that remained open for trading closed mostly higher on Thursday, although the Indonesian, Taiwanese and Hong Kong markets saw modest weakness. The South Korean and Indian markets were closed for public holidays. The Japanese market benefited from a strong growth rebound by the economy in the second quarter, while the Chinese market drew encouragement from a slew of weak data that heightened expectations for stimulus.
European stocks held up in early trading.
Read Next:
Russell 2000 Struggles To Close Above 50-Day Average: Analyst Says Small-Cap Stocks Remain Cheap Vs. Large CapsImage Via Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
DJN_DN20240815003621:0 | NVDA | Intel Missed Out on AI Chip Deal, Report Says. What It Means for the Stock. — Barrons.com | dow-jones | https://www.tradingview.com/news/providers/dow-jones/ | 2024-08-15T11:09:00+00:00 | https://www.tradingview.com/news/DJN_DN20240815003621:0/ | 2024 Dow Jones & Company, Inc. All rights reserved. | [{'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'TSE:9984', 'base_logoid': 'softbank'}, {'symbol': 'TWSE:2330', 'base_logoid': 'taiwan-semiconductor'}, {'symbol': 'NASDAQ:ARM', 'base_logoid': 'arm'}, {'symbol': 'NASDAQ:INTC', 'base_logoid': 'intel'}] | /news/DJN_DN20240815003621:0/ | EN | By Adam ClarkIntel CEO Pat Gelsinger is pinning his hopes of a turnaround on making the company a leader in chip manufacturing. The latest signs are that it is still struggling to make progress against rivals such as Taiwan Semiconductor Manufacturing.Japan's SoftBank Group was planning with Intel… | By Adam Clark
Intel CEO Pat Gelsinger is pinning his hopes of a turnaround on making the company a leader in chip manufacturing. The latest signs are that it is still struggling to make progress against rivals such as Taiwan Semiconductor Manufacturing.
Japan's SoftBank Group was planning with Intel to manufacture chips rivaling those made by Nvidia, but the talks fell apart in recent months, according to the Financial Times, citing people familiar with the matter.
SoftBank blamed Intel for the collapse of the talks due to its inability to meet demands for volume and speed, and has now held talks with Taiwan Semiconductor Manufacturing, according to the FT.
Intel and SoftBank didn't immediately respond to requests for comment early on Thursday.
If the report is confirmed and talks aren't revived, Intel might have missed out on securing a client with major ambitions in the semiconductor space. SoftBank recently bought British AI chip company Graphcore and owns about 90% of chip-design firm Arm Holdings, which listed its shares in the U.S. last year and had a market value of $137 billion as of Wednesday's close
The report will likely raise more doubts about Intel CEO Pat Gelsinger's costly plan to restore the company's leading position in chip manufacturing.
Intel is spending heavily on the strategy but the stock has been hammered. The company offered more bad news in its second-quarter earnings report on Aug. 1, eliminating its dividend as earnings fell short of expectations and management offered weak guidance for the third quarter.
Intel shares were up 0.7% at $20.05 in premarket trading on Thursday, having fallen more than 60% this year so far as of Wednesday's close.
Gelsinger, who became Intel's chief executive in 2021, is under pressure to deliver a turnaround with the stock trading near its tangible book value and has prioritized Intel Foundry as the key component of his plan. The goal is to provide an alternative to TSMC.
Intel is widely regarded as the only viable U.S. alternative with the ability and scale to make chip manufacturing work at large volumes. In March, Intel and the Biden Administration announced the Commerce Department has proposed up to $8.5 billion in direct funding to the chip maker from the Chips and Science Act. Intel said the funds will support factory projects in Arizona, New Mexico, Ohio, and Oregon. Congress passed the Chips Act in 2022, setting aside tens of billions to boost U.S. chip manufacturing.
Write to Adam Clark at adam.clark@barrons.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
| stocks | null | null | null |
DJN_DN20240815003056:0 | MSFT | Inflation Reports Cement Fed Rate Cuts. Why It's Not Time to Celebrate, and 5 Other Things to Know Today. — Barrons.com | dow-jones | https://www.tradingview.com/news/providers/dow-jones/ | 2024-08-15T10:41:00+00:00 | https://www.tradingview.com/news/DJN_DN20240815003056:0/ | 2024 Dow Jones & Company, Inc. All rights reserved. | [{'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:AAPL', 'base_logoid': 'apple'}, {'symbol': 'NYSE:BRK.A', 'base_logoid': 'berkshire-hathaway'}] | /news/DJN_DN20240815003056:0/ | EN | Investors have spent most of 2024 wondering when the Federal Reserve will start cutting interest rates. Wednesday's Consumer Price Index inflation report gives them a near-certain answer--September. But it presents two more questions: "How big?" and "How many?"The Fed's preferred inflation gauge, t… | Investors have spent most of 2024 wondering when the Federal Reserve will start cutting interest rates. Wednesday's Consumer Price Index inflation report gives them a near-certain answer--September. But it presents two more questions: "How big?" and "How many?"
The Fed's preferred inflation gauge, the Personal Consumption Expenditures index, isn't due until the end of the month--although barring an unforeseen macroeconomic twist, it's now pretty much a done deal that the central bank will slash borrowing costs when its next meeting ends on Sept. 18. Hawks' last hope was for an unexpected flare-up in prices, and that hasn't happened.
But it's still tough to predict the specifics of policymakers' next move — and that uncertainty suggests more volatility could be on the way.
For one, the market still hasn't made up its mind on whether the Fed will lower interest rates by 25 or 50 basis points next month, with traders leaning slightly in favor of a more cautious cut, according to the CME Fedwatch tool. And after that policy decision has come and gone, it's anybody's guess.
If the Fed takes a more aggressive approach, that could boost the appeal of the underloved retail and consumer sectors, because it would be cheaper for American shoppers to borrow cash. Big names are already pivoting--Bill Ackman's Pershing Square Capital loaded up on Nike shares, while Paul Singer's Elliott Investment Management doubled its stake in online craft marketplace Etsy.
But if policymakers cut more cautiously, investors might decide it's a good time to buy the dip in the "Magnificent Seven" megacap tech stocks, which have racked up massive gains over the past couple of years but wobbled in recent months.
The landscape will carry on shifting with Thursday's jobless claims and retail sales data. Jerome Powell and co. could also use next week's Jackson Hole conference as an opportunity to signal where interest rates are headed.
Investors hate uncertainty--so while the latest inflation number is good news for the economy, don't expect the market to enter full-blown party mode until it has a bit more clarity about the Fed's next move.
George Glover***
CPI Figures Tee Up September Move for Central Bank
Cooler than expected inflation in July prompted traders to lower the odds of the Federal Reserve cutting interest rates by a half point in September. But Wednesday's inflation news did clear the runway for the Fed to begin cutting rates, and the size of the September move could depend on labor market data yet to come.
Traders are pricing in a 37% probability that the Fed lowers rates by a half-point after its meeting next month, according to the CME FedWatch tool. The probability was greater than 50% just a day earlier and even higher one week ago. The tool sees a 63% chance of a quarter-point cut. The Fed might not stop there. Traders expect additional cuts at the two other meetings this year, putting a 44% probability on the Fed cutting rates by a whole percentage point by the end of the year. That implies two additional quarter-point cuts if the September cut is a half-point. July's consumer price index rose 2.9% from a year ago, slower than the 3% gain expected. Core inflation not counting food and fuel rose 3.2%. The cost of housing accounted for 90% of the increase in consumer inflation last month. A broad array of products and services showed price drops, including airfares, down 1.6% from June, men's suits, sport coats, and outerwear, down 4.2%, and used cars and trucks, down 2.3%. Prices for video and videogame rentals and subscriptions rose 7.6%, while hot dogs rose 4.4%. What's Next: The Social Security cost-of-living adjustment for 2025 could shrink to 2.6% from this year's 3.2% increase, according to Mary Johnson, an independent Social Security and Medicare analyst and former analyst with the Senior Citizens League. In July she forecast adjustment to be a 2.7% increase.
Megan Leonhardt, Connor Smith, and Elizabeth O'Brien***
Boeing Gets Some Good News With Fresh Plane Order
Boeing received good news early Thursday. The troubled airplane manufacturer has secured a new aircraft deal with Israel's flag carrier El Al worth as much as $2.5 billion.
The order includes up to 31 of its 737 MAX aircraft, which would replace the Tel Aviv-listed airline's current all-Boeing fleet of 737-800 and 737-900 jets. The agreement is to buy 20 of the 737 MAX airliners for $1.5 billion as well as options for 11 more. Delivery could take place as early as 2027. Boeing has been heavily scrutinized since an emergency door blew out on one of its 737 MAX 9 jets during an Alaska Air flight in January. What's Next: Boeing has been under pressure to improve the quality of its aircraft, and has been grappling with production challenges, too. The stock is down about 35% this year, but this latest order will give investors a lift and could help support the stock price.
Elsa Ohlen***
Fund Managers Shift to Consumer Brands, Away From Big Tech
Big investment fund managers shifted out of the Magnificent Seven tech stocks in the second quarter and took on new stakes in a variety of stocks in the healthcare and consumer sectors. For example, Berkshire Hathaway disclosed new stakes in retailer Ulta Beauty and aerospace supplier Heico while trimming its Apple stake.
Berkshire bought 690,000 shares of Ulta Beauty and just over a million shares of Heico. It also bought about a million shares of insurer Chubb for a total of 27 million shares. The disclosures are holdings as of the end of the quarter and could have shifted since. Activist investor Nelson Peltz didn't entirely exit his Walt Disney stake, cutting it to 2.6 million shares from 32 million shares in March. Instead, Peltz's Trian Fund Management took on new stakes in Solventum, the healthcare company spun off from 3M in April, and U-Haul, the storage and moving company. Paul Singer's Elliott Investment Management reported a new 6 million-share stake in Southwest Airlines. And Pershing Square Capital's Bill Ackman, who recently withdrew an initial public offering of a $2 billion closed-end fund, reported new stakes in apparel maker Nike and investment firm Brookfield Corp. Soros Capital, the family office for billionaire George Soros, bought up shares of Bitcoin miners Terawulf, Core Scientific, and Iris Energy and shed or pared back stakes in Magnificent Seven companies such as Meta Platforms, Microsoft, and Nvidia. What's Next: Seth Klarman's Baupost Group cut its Alphabet stake by more than 60% and took new stakes in the healthcare companies Humana and Solventum. It also took a new 1 million share stake in Capri Holdings, owner of fashion brands Versace, Jimmy Choo, and Michael Kors.
Anita Hamilton and Liz Moyer***
Cisco Cut Jobs as It Continues Shift Toward AI, Cybersecurity
Cisco Systems is restructuring, aiming to eliminate about 7% of its workforce and take $1 billion in related costs, as it continues to shift its focus toward artificial intelligence and cybersecurity. Its latest quarterly results beat expectations on rising AI demand.
The company reported adjusted fiscal fourth-quarter earnings of 87 cents a share and revenue of $13.6 billion, down from $15.2 billion a year earlier. Product revenue was down 15%, while services revenue increased 6%. Cisco reported 9% growth in software revenue, along with 15% growth in subscription software revenue. CEO Chuck Robbins said they saw steady customer demand and order growth across the business as people use Cisco "to connect and protect all aspects of their organizations in the era of AI." Cisco has begun a $1 billion fund to expand and develop secure AI solutions and make strategic investments in companies such as Cohere, Mistral AI, and Scale AI. It said in June it committed $200 million of the $1 billion fund so far. What's Next: The company said full-year revenue for the fiscal year just begun will be in a range of $55 billion to $56.2 billion, and earnings of $3.52 to $3.58 a share. For the first quarter, revenue is expected to be $13.65 billion to $13.85 billion, with adjusted earnings of 86 cents to 88 cents a share.
Tae Kim and Liz Moyer***
Candy-Maker Mars Grabs for Snacks Business in Kellanova
The privately held candy maker Mars is aiming to boost its presence in the snack business in its $36 billion deal for Kellanova, a former part of the cereal giant Kellogg that was spun off last year. Kellanova owns brands such as Pringles, Pop-Tarts, and Cheez-Its and had 2023 sales of $13 billion.
Mars, the owner of M&M and Skittles candy brands, Kind Bars, Wrigley gum, and Starburst, said it is latching onto snacks because they are growing more important with consumers, saying it would accelerate innovation and invest locally to expand Kellanova's brands. Food companies face challenges as higher grocery prices force consumers to pull back on spending. Mars, which also sells brands such as Miracoli pasta sauces and Ben's Original rice, is a family owned company. About 38% of its sales come from snacks, while 3% come from food, and 59% from pet care. Citigroup analyst Filippo Falorni said that while salty snacks have been one of the fastest-growing food subcategories over the past decade, it has slowed down significantly. From growing about 6% annually, the category has grown just about 1% so far this year. Including debt it is the second-biggest deal this year, after General Electric's $38 billion spinoff of energy services company GE Vernova to shareholders, which has already been completed. Capital One's $35 billion offer for Discover Financial is third-largest, according to Dealogic. What's Next: The deal is expected to close in the first half of 2025. Despite the current administration's crackdown on big corporate combinations over antitrust fears, executives from the companies told CNBC they don't expect the deal to encounter antitrust issues.
Elsa Ohlen and Liz Moyer***
The Internal Revenue Service is going to get its piece of your hard-earned, tax-deferred retirement savings accounts — it's just a matter of when.
A harsh reality? Perhaps. A chance to think strategically about your retirement accounts? Absolutely.
That's because there may be ideal times — and less ideal times — for people to get the taxes on their IRAs, 401(k)s, 403(b)s and other tax-deferred accounts over and done with, if they haven't already, according to retirement savings experts.
MarketWatch did some research into how best to time things.
For more on this, read here
Andrew Keshner***
Newsletter edited by Liz Moyer, Patrick O'Donnell, Rupert SteinerThis content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
| stocks | null | null | null |
tag:reuters.com,2024:newsml_L4N3K20RH:0 | MSFT | グーグル、検索におけるAI回答を新たな国に導入 | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-15T10:00:27+00:00 | https://ja.tradingview.com/news/reuters.com,2024:newsml_L4N3K20RH:0/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}] | /news/reuters.com,2024:newsml_L4N3K20RH:0/ | JA | グーグルの親会社であるアルファベット NASDAQ:GOOGは木曜日、検索クエリに対してAIが生成するサマリーを新たに6カ国に拡大すると発表した。 検索大手の同社は、1年間かけて限定的な初期バージョン（(link)）を試用した後、5月（(link)）にAI概要（ウェブへの従来のリンクの前に検索結果ページの上部に表示される）を米国の全ユーザーに提供した。 この機能は、ピザのレシピの原材料に接着剤が記載されていたり、バラク・オバマ前米大統領がイスラム教徒であると主張する回答など、事実と異なる回答のスクリーンショットがインターネット上に出回った後、広く非難された。 グーグルは「奇妙で誤った概要」を… | グーグルの親会社であるアルファベット NASDAQ:GOOGは木曜日、検索クエリに対してAIが生成するサマリーを新たに6カ国に拡大すると発表した。
検索大手の同社は、1年間かけて限定的な初期バージョン（(link)）を試用した後、5月（(link)）にAI概要（ウェブへの従来のリンクの前に検索結果ページの上部に表示される）を米国の全ユーザーに提供した。
この機能は、ピザのレシピの原材料に接着剤が記載されていたり、バラク・オバマ前米大統領がイスラム教徒であると主張する回答など、事実と異なる回答のスクリーンショットがインターネット上に出回った後、広く非難された。
グーグルは「奇妙で誤った概要」を認め、5月下旬のブログ投稿で製品のアップデートを発表した。これらのアップデートは、AIの回答を表示するクエリに制限を加え、Redditのようなウェブサイトからユーザーが作成したコンテンツを回答のソースとして使用しないようにした。
グーグルの製品担当シニア・ディレクターであるヘマ・ブダラジュ氏は2日、ロイターのインタビューに応じ、「品質が向上していることを示す十分な証拠がある」と語った。ヘマ・ブダラジュ氏は、グーグルが社内で収集しているデータを示し、この機能を利用できるユーザーは、そうでないユーザーよりも満足度が高く、より長いクエリを検索していることを示した。
AIオーバービューは現在、ブラジル、インド、インドネシア、日本、メキシコ、英国で、ヒンディー語やポルトガル語などの現地語で提供されている。
グーグルはまた、この機能にハイパーリンクを追加している。AIが生成した回答の右側にウェブサイトが表示される。同社はまた、概要のテキスト内に直接リンクを追加するさらなるアップデートを社内でテストしている。
このアップデートは、パブリッシャーのウェブサイトをクリックした消費者からのリファーラル（(link)）トラフィックを失う可能性について、メディア業界から懸念の声が上がる中で行われた。ブダラジュ氏は、この新しいアップデートはグーグル、消費者、出版社にとって「三方良しのメリット」があると述べた。
先週、米国の判事は、 (link) グーグルが検索を違法に独占しているとの判決を下し、アルファベットの解散を余儀なくされる可能性のある裁判への道を開いた。マイクロソフトが支援する NASDAQ:MSFT オープンＡＩのようなライバルのAIの進歩は、さらに大きな脅威となる可能性がある (link)。
| stocks | null | null | null |
tag:reuters.com,2024:newsml_L6N3K202A:0 | MSFT | Google brings AI answers in Search to new countries | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-15T10:00:00+00:00 | https://www.tradingview.com/news/reuters.com,2024:newsml_L6N3K202A:0-google-brings-ai-answers-in-search-to-new-countries/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}] | /news/reuters.com,2024:newsml_L6N3K202A:0-google-brings-ai-answers-in-search-to-new-countries/ | EN | Google parent Alphabet NASDAQ:GOOG said on Thursday it was expanding its AI-generated summaries for search queries to six new countries, just two months after it rolled back some capabilities following a problem-riddled launch.The search giant made AI Overviews - which are displayed atop a search r… | Google parent Alphabet NASDAQ:GOOG said on Thursday it was expanding its AI-generated summaries for search queries to six new countries, just two months after it rolled back some capabilities following a problem-riddled launch.
The search giant made AI Overviews - which are displayed atop a search results page before traditional links to the Web - available to all U.S. users in May after spending one year trialing a limited earlier version.
The feature was widely panned after screenshots of factually inaccurate answers circulated across the internet, such as a pizza recipe that listed glue as an ingredient and an answer claiming that former U.S. President Barack Obama is Muslim.
Google acknowledged the "odd and erroneous overviews" and announced updates to the product in a blog post in late May. These updates added restrictions to which queries would display AI answers and curbed user-generated content from websites like Reddit from serving as source material for answers.
"I have enough evidence to say that quality is only improving," Hema Budaraju, a senior director of product at Google told Reuters in an interview on Wednesday. She pointed to data Google collects internally, which showed that users with access to the feature reported higher levels of satisfaction and searched for longer queries than users who did not.
AI Overviews is now coming to the Brazil, India, Indonesia, Japan, Mexico and Britain, in local languages such as Hindi and Portuguese.
Google is also adding hyperlinks to the feature. Websites will be displayed to the right side of the AI-generated answer. The company is also internally testing a further update that would add links directly within the text of the overview.
The updates come amid concerns voiced by the media industry about the possibility of losing out on referral traffic from consumers who clicked through to publishers' websites. Budaraju said the new update would have a "three-way benefit" for Google, consumers and publishers.
Last week a U.S. judge ruled Google had an illegal monopoly on search, clearing the way for a trial that could force the breakup of Alphabet. AI advances from rivals like Microsoft-backed NASDAQ:MSFT OpenAI could pose an even bigger threat.
| stocks | null | null | null |
AA1oQgeK | 7203 | トヨタ営業益１・３兆円で過去最高 ４～６月、好調ＨＶが認証不正の逆風跳ねのける | 産経新聞 | http://www.sankei.com/ | 2024-08-15T09:27:25+00:00 | https://www.msn.com/ja-jp/money/other/トヨタ営業益１-３兆円で過去最高-４-６月-好調ｈｖが認証不正の逆風跳ねのける/ar-AA1oQgeK | null | null | https://www.sankei.com/article/20240801-YF4HVOGVF5MARL5DRS7ZJZMJNQ/ | null | トヨタ自動車が１日発表した令和６年４～６月期連結決算は、本業のもうけを示す営業利益が１６・７％増の１兆３０８４億円となり、４～６月期として過去最高を更新した。車の量産に必要な「型式指定」の認証不正の問題などを受けて国内販売は前年同期から約２割減少したものの、北米を中心とするハイブリッド車（ＨＶ）の販売拡大や円安の収益押し上げ効果が補った。売上高は１２・２％増... | トヨタ自動車が１日発表した令和６年４～６月期連結決算は、本業のもうけを示す営業利益が１６・７％増の１兆３０８４億円となり、４～６月期として過去最高を更新した。車の量産に必要な「型式指定」の認証不正の問題などを受けて国内販売は前年同期から約２割減少したものの、北米を中心とするハイブリッド車（ＨＶ）の販売拡大や円安の収益押し上げ効果が補った。売上高は１２・２％増の１１兆８３７８億円、純利益は１・７％増の１兆３３３３億円で、営業益と同様に最高だった。
トヨタブランド（高級車のレクサスを含む）の販売台数は１・９％減の２４９万１千台とほぼ横ばいだったが、収益性の高いＨＶが２３・８％増の９９万８千台と好調だった。円安による利益の押し上げ効果は３７００億円に上り、売上高に対する営業利益率は前年同期の１０・６％から１１・１％に上昇した。
世界の自動車市場は電気自動車（ＥＶ）の成長鈍化や中国メーカーとの価格競争で収益環境の厳しさが増している。ＥＶ大手の米テスラの４～６月期は営業利益が３３％減り、営業利益率は前年同期の９・６％から６・３％に大幅悪化した。
こうした中、トヨタはＥＶより割安なエコカーとして再評価されているＨＶの強みが、認証不正や価格競争の逆風を跳ねのけた。
ただ、先行きには不安材料もある。７月３１日には新たに７車種で認証不正が発覚し、国土交通省から是正命令を受けた。ＥＶで先行した現地メーカーの攻勢が続く中国事業も４～６月期の営業利益（持ち分法の投資損益を含む）が５９５億円と前年同期から４８４億円減少した。
日銀の追加利上げで円高が進行するなど為替動向も不透明なため、７年３月期の業績見通しは、売上高が前期比２・０％増の４６兆円、営業利益が１９・７％減の４兆３千億円、純利益が２７・８％減の３兆５７００億円と従来予想を据え置いた。 | stocks | article | トヨタ自動車株式会社 | msn_money |
tag:reuters.com,2024:newsml_L4N3K20BN:0 | 7203 | Political turmoil threatens prospects of Thailand's floundering economy | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-15T07:47:09+00:00 | https://www.tradingview.com/news/reuters.com,2024:newsml_L4N3K20BN:0-political-turmoil-threatens-prospects-of-thailand-s-floundering-economy/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'TSE:7203', 'base_logoid': 'toyota'}, {'symbol': 'TSE:7267', 'base_logoid': 'honda'}, {'symbol': 'SET:SET', 'base_logoid': 'indices/set'}] | /news/reuters.com,2024:newsml_L4N3K20BN:0-political-turmoil-threatens-prospects-of-thailand-s-floundering-economy/ | EN | The political turmoil unleashed by the dismissal of Thai Prime Minister Srettha Thavisin is likely to deal another blow to the already struggling economy, where millions of people drowning in debt have been waiting for long-delayed cash handouts.Southeast Asia's second largest economy grew 1.5% in… | The political turmoil unleashed by the dismissal of Thai Prime Minister Srettha Thavisin is likely to deal another blow to the already struggling economy, where millions of people drowning in debt have been waiting for long-delayed cash handouts.
Southeast Asia's second largest economy grew 1.5% in the first quarter of 2024 compared to a year earlier, slowing from the prior quarter's 1.7% expansion and lagging regional peers.
The tourism-dependent country of 66 million people has struggled to recover from the COVID-19 pandemic, and major growth engines, including an automobiles sector that is the largest in the region, are still spluttering.
Tim Leelahaphan, senior economist at Standard Chartered Bank, said the political upheaval had cast doubts about the passage of the 3.75 trillion baht ($107 billion) national budget for fiscal 2025, as well as the 500 billion baht nationwide cash handout that was a flagship Srettha policy.
"Political uncertainty and an unclear political outlook could have adverse implications for fiscal policy," he said. The caretaker deputy finance minister said on Thursday the budget would not be delayed.
Srettha's ouster by the constitutional court on Wednesday came a fortnight after his government opened registrations for a scheme to give away 10,000 baht to 50 millions Thais, a key election promise of his Pheu Thai party.
Over 16 million people had applied to receive the "digital wallet" handout on the day registrations opened, crashing the system but signalling huge demand for the controversial scheme among ordinary Thais hurting from the slowing economy and high levels of personal debt.
Household debt stood at 16.4 trillion baht, or 90.8% of GDP, at the end of March, among the highest in Asia.
The central bank, which had bickered with Srettha's administration over the scale of the handout, left its key interest rate (THCBIR=ECI) unchanged at a more than decade-high of 2.50% for a fourth straight meeting in June.
It is expected to hold the rate again when it meets on Aug. 21.
Ballooning household debt has also hit the car industry. Thailand is home to the factories of Toyota Motor TSE:7203 and Honda Motor TSE:7267, and overall production in the sector has dropped for 11 straight months into June as local sales slumped.
Exports of car and car parts also dropped 0.4% in the first half of 2024 from a year earlier, with main markets Malaysia and Vietnam down nearly 30% on the year, commerce ministry data showed.
ENTRENCHED UNCERTAINTY
Srettha's removal underlines the deep fissures between the conservative-royalist establishment, backed by the military, and populist parties like the Pheu Thai. Both camps have been locked in a decades-long tussle, triggering coups and bouts of unrest.
In the absence of a lasting resolution to the conflict, Thailand's long-term prospects remain uncertain, analysts say.
"Thailand has still not found a formula to bridge the country's deep political divide," said Gareth Leather, Senior Asia Economist at Capital Economics.
"Without one, uncertainty looks set to remain entrenched while economic populism is likely to become worse, with negative repercussions for investor confidence."
Thailand's stock market SET:SET has been the worst performing bourse in Asia so far this year, down 9.3%.
Industrial sentiment also hit its lowest in two years in June, while consumer confidence reached an 11 month low in July.
Parliament will convene on Friday to elect a new prime minister, less than 48 hours after Srettha's dismissal.
A Pheu Thai-led 11-party alliance holds 314 house seats, allowing it elect a prime minister on Friday, providing the coalition remains intact.
While on the streets Bangkok there is calm, analysts say the ongoing political drama could raise the risk of unrest. For now, some Thais are simply despondent.
"Just look at the economy now," said Wilai, 60, a book shop owner who gave only one name. "I think if politics continue like this, the economy won't be able to move forward."
($1 = 35.06 baht)
| stocks | null | null | null |
urn:newsml:mtnewswires.com:20240814:TG1669230:0 | 8306 | 三菱UFJフィナンシャル、第1四半期のバーゼルⅢ資本比率が減少 | mt-newswires | https://www.tradingview.com/news/providers/mt-newswires/ | 2024-08-15T02:51:04+00:00 | https://ja.tradingview.com/news/mtnewswires.com:20240814:TG1669230:0/ | null | [{'symbol': 'TSE:8306', 'base_logoid': 'mitsubishi-group'}] | /news/mtnewswires.com:20240814:TG1669230:0/ | JA | 三菱UFJフィナンシャル・グループ TSE:8306 は、第1四半期のバーゼルⅢリスク調整後自己資本比率の低下を報告した。連結総自己資本比率は、2023年第4四半期の17.8%から17.6%に低下した。Tier 1資本比率は15.7%から15.6%に、普通株式Tier 1(CET1)比率は13.5%から13.4%に低下した。総資本は20兆58億円に増加し、リスク加重資産は113兆701億円に増加した。一方、三菱UFJ銀行の自己資本比率は18.1%から18.5%に改善した。Tier 1比率は16.1%から16.4%に上昇し、CET1比率は13.8%から14.2%に上昇した。自己資本総額は16兆… | 三菱UFJフィナンシャル・グループ TSE:8306 は、第1四半期のバーゼルⅢリスク調整後自己資本比率の低下を報告した。
連結総自己資本比率は、2023年第4四半期の17.8%から17.6%に低下した。
Tier 1資本比率は15.7%から15.6%に、普通株式Tier 1(CET1)比率は13.5%から13.4%に低下した。総資本は20兆58億円に増加し、リスク加重資産は113兆701億円に増加した。
一方、三菱UFJ銀行の自己資本比率は18.1%から18.5%に改善した。Tier 1比率は16.1%から16.4%に上昇し、CET1比率は13.8%から14.2%に上昇した。自己資本総額は16兆548億円となった。
一方で、三菱UFJ信託銀行の総自己資本比率は20.4%から18.3%に減少した。Tier 1比率は17.8%から15.7%に、CET1比率は15.6%から13.5%に低下した。総自己資本は1兆914億円であった。
| stocks | null | null | null |
urn:newsml:mtnewswires.com:20240814:G2402080:0 | 8306 | Mitsubishi UFJ Financial Reports Decline in Basel 3 Capital Ratios for Q1 | mt-newswires | https://www.tradingview.com/news/providers/mt-newswires/ | 2024-08-15T02:20:32+00:00 | https://www.tradingview.com/news/mtnewswires.com:20240814:G2402080:0/ | null | [{'symbol': 'TSE:8306', 'base_logoid': 'mitsubishi-group'}] | /news/mtnewswires.com:20240814:G2402080:0/ | EN | Mitsubishi UFJ Financial TSE:8306 reported a decline in its Basel 3 risk-adjusted capital ratios for Q1, according to a Wednesday filing on the Tokyo Stock Exchange. The consolidated total capital ratio fell to 17.6% from 17.8% in Q4 2023. The Tier 1 capital ratio decreased to 15.6% from 15.7%, and… | Mitsubishi UFJ Financial TSE:8306 reported a decline in its Basel 3 risk-adjusted capital ratios for Q1, according to a Wednesday filing on the Tokyo Stock Exchange.
The consolidated total capital ratio fell to 17.6% from 17.8% in Q4 2023.
The Tier 1 capital ratio decreased to 15.6% from 15.7%, and the Common Equity Tier 1 (CET1) ratio dropped to 13.4% from 13.5%. Total capital rose to 20.058 trillion yen, while risk-weighted assets increased to 113.701 trillion yen.
MUFG Bank saw its total capital ratio improve to 18.5% from 18.1%. The Tier 1 ratio rose to 16.4% from 16.1%, and the CET1 ratio increased to 14.2% from 13.8%. Total capital reached 16.548 trillion yen.
Mitsubishi UFJ Trust and Banking Corporation's total capital ratio decreased to 18.3% from 20.4%. The Tier 1 ratio fell to 15.7% from 17.8%, and the CET1 ratio declined to 13.5% from 15.6%. Total capital was 1.914 trillion yen.
| stocks | null | null | null |
tag:reuters.com,2024:newsml_L4N3K201B:0 | MSFT | 投資家がファンドの最新提出書類に注目する中、ハイテク株に注目が集まる | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-15T00:32:57+00:00 | https://ja.tradingview.com/news/reuters.com,2024:newsml_L4N3K201B:0/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'SP:SPX', 'base_logoid': 'indices/s-and-p-500'}, {'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:AMZN', 'base_logoid': 'amazon'}, {'symbol': 'NASDAQ:AAPL', 'base_logoid': 'apple'}, {'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NYSE:UNH', 'base_logoid': 'unitedhealth'}, {'symbol': 'OMXCOP:NOVO_B', 'base_logoid': 'novo-nordisk'}, {'symbol': 'NYSE:MRK', 'base_logoid': 'merck-and-co'}, {'symbol': 'NASDAQ:META', 'base_logoid': 'meta-platforms'}, {'symbol': 'NYSE:DELL', 'base_logoid': 'dell'}, {'symbol': 'NASDAQ:QCOM', 'base_logoid': 'qualcomm'}, {'symbol': 'NYSE:HPP', 'base_logoid': 'hudson-pacific-properties'}, {'symbol': 'NYSE:MOH', 'base_logoid': 'molina-healthcare'}, {'symbol': 'NYSE:FOUR', 'base_logoid': 'shift4-payments'}, {'symbol': 'NASDAQ:AMD', 'base_logoid': 'advanced-micro-devices'}, {'symbol': 'NYSE:UBER', 'base_logoid': 'uber'}, {'symbol': 'TWSE:2330', 'base_logoid': 'taiwan-semiconductor'}, {'symbol': 'AMEX:HYG', 'base_logoid': 'ishares'}, {'symbol': 'NYSE:ALUR', 'base_logoid': 'allurion-technologies'}, {'symbol': 'NYSE:NU', 'base_logoid': 'nu-holdings'}, {'symbol': 'NASDAQ:PYPL', 'base_logoid': 'paypal'}, {'symbol': 'NASDAQ:BL', 'base_logoid': 'blackline'}] | /news/reuters.com,2024:newsml_L4N3K201B:0/ | JA | S&P500種株価指数 SP:SPXが、最近の米国株の混乱に先立ち過去最高値を連発したため、第2四半期にハイテク株が再び世界最大のファンドの注目を集めたことが、規制当局への提出書類で明らかになった。 ハイテク株の買い手は、チップメーカーのエヌビディア NASDAQ:NVDAを150万株購入したルネッサンス・テクノロジーズから、マイクロソフト NASDAQ:MSFTのポジションを3倍以上の60万株に増やしたリー・エインズリーのマーベリック・キャピタルまで多岐にわたった。 このポジションは、ファンドが四半期末にどのようなポジションをとっていたかを示すスナップショットである13… | S&P500種株価指数 SP:SPXが、最近の米国株の混乱に先立ち過去最高値を連発したため、第2四半期にハイテク株が再び世界最大のファンドの注目を集めたことが、規制当局への提出書類で明らかになった。
ハイテク株の買い手は、チップメーカーのエヌビディア NASDAQ:NVDAを150万株購入したルネッサンス・テクノロジーズから、マイクロソフト NASDAQ:MSFTのポジションを3倍以上の60万株に増やしたリー・エインズリーのマーベリック・キャピタルまで多岐にわたった。
このポジションは、ファンドが四半期末にどのようなポジションをとっていたかを示すスナップショットである13-F提出書類で開示された。 13-F報告書は現在の保有状況を明らかにするものではないが、ヘッジファンドや政府系ファンドのような、しばしば秘密にされがちな市場関係者のポートフォリオを見ることができる数少ない方法のひとつである。
S&P500種株価指数は4月初めから6月末まで4％近く上昇し、9年連続で過去最高値を更新した。この上昇は、人工知能（(link)）に対する興奮と、連邦準備制度理事会（FRB）が成長を損なうことなく米国のインフレ率を引き下げることができるという期待に後押しされたものだった。
バリュエーション（株価評価）に対する懸念（(link)）が多くのハイテク企業の株価を直撃したため、市場は第3四半期に入り熱狂的になった。米国経済への懸念（(link)）と、世界的な円ベースのキャリートレードの巻き戻しが市場をさらに動揺させ（(link)）、S&P500の8月初旬の急落に拍車をかけた。S&P500種指数は最近、その損失の大半を取り戻した。
以下は、6月末時点の大手ファンドのポジションのスナップショットである：
ブリッジウォーター・アソシエーツ
伝説の投資家レイ・ダリオが設立したこのマクロ・ヘッジファンドは、アマゾン NASDAQ:AMZNの保有株を260万株と2倍以上に増やし、6月末時点で5億5,130万ドルのポジションとなった。同ファンドはマイクロソフト株を約109万株（4億8730万ドル相当）に倍増させた。 しかし、アップル NASDAQ:AAPL株は4分の3近くまで減らし、46万9324株、9880万ドル相当となった。
ソロス・ファンド・マネジメント
すべての大手ファンドがハイテク株を購入したわけではない。ジョージ・ソロスのファミリーオフィスは、グーグルの親会社であるアルファベット NASDAQ:GOOGの持ち株を39％近く減らし、91万5000株弱、1億6670万ドル相当とした。アマゾンの株式は26％強減らし、約29万8,850株、5,620万ドル相当となった。
ハイテク以外では、ユナイテッドヘルス・グループ NYSE:UNHに1270万ドルのポジションを追加した。同ファンドはまた、減量薬メーカーのノボ・ノルディスク OMXCOP:NOVO_Bの持ち株を減らす一方、メルク・アンド・カンパニー NYSE:MRKの持ち株を30万株（3710万ドル相当）に増やした。
ライト・ストリート・キャピタル
ハイテクに特化した株式ヘッジファンドのライト・ストリート・キャピタルは、第2四半期にアルファベット株11万株を全て売却する一方で、アップル株7万7,459株を追加し、マイクロソフト株4万6,000株も売却した。同ファンドはメタ NASDAQ:METAとエヌビディアの保有株を減らした。デル・テクノロジーズ NYSE:DELLを追加し、1740万ドル相当（12万6279株）を購入した。
マーベリック・キャピタル
リー・エインズリーのヘッジファンドは、第2四半期にマイクロソフト株を3倍以上の60万株に増やした。メタとアマゾンのポジションを増やしたが、アルファベット株は減らした。マーベリックはまた、エヌビディアのエクスポージャーを縮小した。
ルネッサンス・テクノロジーズなど
今年、株式市場全体の上昇に貢献したエヌビディアは、ヘッジファンドのルネッサンス・テクノロジーズを含む著名投資家の関心を集め続け、同四半期に約150万株を追加した。
ブラックロック、ステート・ストリート、バンガードなどの大手資産運用会社も大幅な買い付けを行った。テキサスを拠点とするツイン・ツリー・アセット・マネジメントは、90万株近くを売却し、エヌビディアのポジションを解消したファンドのひとつである。
タイガー・グローバル・マネジメント
チェース・コールマンのヘッジファンドは、クアルコム NASDAQ:QCOMを190万株、総額3億7000万ドルで追加した。ハイテク関連以外では、ユナイテッドヘルス・グループのポジションを新たに12億ドル（230万株）追加した。また、エヌビディア、アルファベット、アマゾンを含む、いわゆるマグニフィセント・セブン（(link)）のハイテク・成長株のポジションに変更はなかった。
サイオン・アセット・マネジメント
ファンド・マネージャーのマイケル・バリーは、2008年の金融危機前の米国住宅市場に対する賭けは、映画「ビッグ・ショート」に描かれた。それでも、不動産会社のハドソン・パシフィック・プロパティーズ NYSE:HPPや、政府支援プログラムの下で医療サービスを提供するモリナ・ヘルスケア NYSE:MOH、決済会社のシフト4 NYSE:FOURなど、いくつかの銘柄を新たに追加した。
ロコス・キャピタル・マネジメント
クリス・ロコスが運営するマクロ・ヘッジファンドは、第1四半期末に保有していたアップルの1億6490万ドル（96万1403株）のポジションを売却し、同時にアルファベットの保有株数を90％近く減らした。しかし、ロコスは他のマグニフィセント・セブン銘柄の株を増やした：メタ、エヌビディア、マイクロソフト、アマゾンである。
ソロス・キャピタル・マネジメント
ジョージ・ソロスの息子ロバート・ソロスのファミリー・オフィスは、3月末にマイクロソフトの63,640株（2,660万ドル相当）の保有を解消し、第2四半期にアドバンスト・マイクロ・デバイセズ NASDAQ:AMDの103,000株をすべて売却した。また、アマゾン、ウーバー・テクノロジーズ NYSE:UBER、台湾セミコンダクター・マニュファクチャリング・カンパニー TWSE:2330、メタなど、他の大手ハイテク企業へのエクスポージャーも減らした。ソロス氏は、上場投資信託iシェアーズiBoxx $ハイ・イールド社債 AMEX:HYGの、通常弱気と見られる多額のプット・ポジションを解消した。
サウジ公共投資ファンド
サウジ公共投資ファンドは、減量バイオテクノロジー企業アリュリオン・テクノロジーズ NYSE:ALURのポジションを解消し、約120万株を売却した。また、ブラジルのデジタルバンキング企業Nuホールディングス NYSE:NUのポジションを3倍に拡大し、約260万 株を追加したほか、ペイパル NASDAQ:PYPL、マイクロソフト、メタなどの大型テクノロジー株で、一般的に強気と見られる既存のコールポジションを追加した。
同ファンドは第2四半期に約207億ドルの米国株を保有していた。第1四半期には、 (link)、180億ドルとほぼ半減していた。
ジャナ・パートナーズ
アクティビスト投資家ジャナ・パートナーズは、第2四半期中に米企業向けソフトウェア会社ブラックライン・システムズ NASDAQ:BLの株式 (link) を新たに取得した。ジャナは6月30日時点で115万株を保有しており、ほぼ2％の株式保有に相当する。
| stocks | null | null | null |
tag:reuters.com,2024:newsml_L1N3K116D:0 | MSFT | Tech shares in focus as investors eye latest filings from funds | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-15T00:32:37+00:00 | https://www.tradingview.com/news/reuters.com,2024:newsml_L1N3K116D:0-tech-shares-in-focus-as-investors-eye-latest-filings-from-funds/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'SP:SPX', 'base_logoid': 'indices/s-and-p-500'}, {'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:AMZN', 'base_logoid': 'amazon'}, {'symbol': 'NASDAQ:AAPL', 'base_logoid': 'apple'}, {'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NYSE:UNH', 'base_logoid': 'unitedhealth'}, {'symbol': 'OMXCOP:NOVO_B', 'base_logoid': 'novo-nordisk'}, {'symbol': 'NYSE:MRK', 'base_logoid': 'merck-and-co'}, {'symbol': 'NASDAQ:META', 'base_logoid': 'meta-platforms'}, {'symbol': 'NYSE:DELL', 'base_logoid': 'dell'}, {'symbol': 'NASDAQ:QCOM', 'base_logoid': 'qualcomm'}, {'symbol': 'NYSE:HPP', 'base_logoid': 'hudson-pacific-properties'}, {'symbol': 'NYSE:MOH', 'base_logoid': 'molina-healthcare'}, {'symbol': 'NYSE:FOUR', 'base_logoid': 'shift4-payments'}, {'symbol': 'NASDAQ:AMD', 'base_logoid': 'advanced-micro-devices'}, {'symbol': 'NYSE:UBER', 'base_logoid': 'uber'}, {'symbol': 'TWSE:2330', 'base_logoid': 'taiwan-semiconductor'}, {'symbol': 'AMEX:HYG', 'base_logoid': 'ishares'}, {'symbol': 'NYSE:ALUR', 'base_logoid': 'allurion-technologies'}, {'symbol': 'NYSE:NU', 'base_logoid': 'nu-holdings'}, {'symbol': 'NASDAQ:PYPL', 'base_logoid': 'paypal'}, {'symbol': 'NASDAQ:BL', 'base_logoid': 'blackline'}] | /news/reuters.com,2024:newsml_L1N3K116D:0-tech-shares-in-focus-as-investors-eye-latest-filings-from-funds/ | EN | Tech stocks once again grabbed the attention of the world's biggest funds in the second quarter, regulatory filings showed, as the S&P 500 SP:SPX rallied to a series of record highs that preceded more recent turmoil in U.S. equities. Buyers of tech stocks ranged from Renaissance Technologies… | Tech stocks once again grabbed the attention of the world's biggest funds in the second quarter, regulatory filings showed, as the S&P 500 SP:SPX rallied to a series of record highs that preceded more recent turmoil in U.S. equities.
Buyers of tech stocks ranged from Renaissance Technologies, which purchased 1.5 million shares of chipmaker Nvidia NASDAQ:NVDA to Lee Ainslie's Maverick Capital, which more than tripled its Microsoft NASDAQ:MSFT position to 600,000 shares.
The positioning was disclosed in 13-F filings, a snapshot of how funds were positioned at the end of the quarter. Though they do not reveal current holdings, they are one of the few ways to get a look at the portfolios of often-secretive market players such as hedge funds and sovereign wealth funds.
The S&P 500 rose nearly 4% from the beginning of April until the end of June, notching nine consecutive record highs in a rally fueled by excitement over artificial intelligence and expectations the Federal Reserve will be able to lower U.S. inflation without hurting growth.
Markets turned frothy at the start of the third quarter as worries over rich valuations hit the shares of many tech heavyweights. Concerns over the U.S. economy and the unwinding of a global, yen-based carry trade roiled markets further, spurring a sharp early August plunge in the S&P 500. The index has recently made up much of those losses.
Here is a snapshot of how some of the biggest funds were positioned at the end of June:
BRIDGEWATER ASSOCIATES
The macro hedge fund founded by legendary investor Ray Dalio more than doubled its stake in Amazon NASDAQ:AMZN to 2.6 million shares, a position valued at $551.3 million at the end of June. The fund roughly doubled its shares in Microsoft to 1.09 million, worth $487.3 million. But it slashed its Apple NASDAQ:AAPL stake by nearly three-quarters to 469,324 shares, or $98.8 million.
SOROS FUND MANAGEMENT
Not all big funds were tech buyers. The family office of George Soros reduced its stake in Google parent Alphabet NASDAQ:GOOG by nearly 39% to just under 915,000 shares, worth $166.7 million. It cut its stake in Amazon by just over 26% to around 290,850 shares, worth $56.2 million.
Outside of tech, it added a $12.7 million position in UnitedHealth Group NYSE:UNH. The fund also cut its stake in weight-loss drugmaker Novo Nordisk OMXCOP:NOVO_B while raising its stake in Merck & Co NYSE:MRK to 300,000 shares worth $37.1 million.
LIGHT STREET CAPITAL
Tech-focused equity hedge fund Light Street Capital added 77,459 shares of Apple while dumping all 110,000 of its shares in Alphabet and also sold 46,000 shares in Microsoft in the second quarter. The fund trimmed its stakes in Meta NASDAQ:META and Nvidia. It added Dell Technologies NYSE:DELL, buying $17.4 million worth, or 126,279 shares.
MAVERICK CAPITAL
Lee Ainslie's hedge fund more than tripled its shares in Microsoft to 600,000 shares in the second quarter. It increased its positions in Meta and Amazon but slashed its stake in Alphabet. Maverick also trimmed its Nvidia exposure.
RENAISSANCE TECHNOLOGIES AND OTHERS
Nvidia, which has helped lead the broader stock market higher this year, continued to gain interest from prominent investors including hedge fund Renaissance Technologies, which added about 1.5 million shares over the quarter.
Large asset managers including BlackRock, State Street, and Vanguard made significant purchases as well. Texas-based Twin Tree Asset Management was among the funds that closed out of its Nvidia position by selling nearly 900,000 shares.
TIGER GLOBAL MANAGEMENT
Chase Coleman's hedge fund added 1.9 million shares in Qualcomm NASDAQ:QCOM, totaling $370 million. Outside of tech, it added a new $1.2 billion position in UnitedHealth Group - or 2.3 million shares. It made no changes to its positions in so-called Magnificent Seven tech and growth stocks, which included Nvidia, Alphabet and Amazon.
SCION ASSET MANAGEMENT
Fund manager Michael Burry, whose bets against the U.S. housing market before the 2008 financial crisis were chronicled in the movie "The Big Short," reduced the number of companies in his portfolio to 10 in June from 16 in March. Still, he added some new stocks, including real estate company Hudson Pacific Properties NYSE:HPP as well as Molina Healthcare NYSE:MOH, which provides healthcare services under the government-backed programs, and payments company Shift4 NYSE:FOUR.
ROKOS CAPITAL MANAGEMENT
The macro hedge fund run by Chris Rokos sold a $164.9 million position in Apple totaling 961,403 shares that it held at the end of the first quarter, while also reducing its stake in Alphabet by almost 90%. But Rokos increased its stakes in other Magnificent Seven stocks: Meta, Nvidia, Microsoft and Amazon.
SOROS CAPITAL MANAGEMENT
The family office of George Soros' son Robert Soros dissolved its 63,640 share stake in Microsoft worth $26.6 million at the end of March, and sold all 103,000 shares it owned in Advanced Micro Devices NASDAQ:AMD in the second quarter, while also reducing exposure to other big tech companies, such as Amazon, Uber Technologies NYSE:UBER, Taiwan Semiconductor Manufacturing Company TWSE:2330 and Meta. Soros dissolved a sizable put position, which is typically seen as bearish, in the exchange-traded fund iShares iBoxx $ High Yield Corporate Bond AMEX:HYG.
SAUDI PUBLIC INVESTMENT FUND
The Saudi Public Investment Fund closed out its position in weight-loss biotech Allurion Technologies NYSE:ALUR, selling nearly 1.2 million shares. It tripled its position in the Brazilian digital-banking company Nu Holdings NYSE:NU, adding about 2.6 million shares, and added to existing call positions – which are typically seen as bullish - in large technology stocks including PayPal NASDAQ:PYPL, Microsoft, and Meta.
The fund held roughly $20.7 billion in U.S. stocks in the second quarter. In the first quarter, it had slashed its holdings nearly in half to $18 billion.
JANA PARTNERS
Activist investor Jana Partners built a new stake in U.S. enterprise software company BlackLine Systems NASDAQ:BL during the second quarter. Jana owned 1.15 million shares on June 30, equivalent to a near 2% stake.
| stocks | null | null | null |
tag:reuters.com,2024:newsml_L1N3K110K:0 | MSFT | Tech stocks in focus as investors eye latest filings from funds | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-14T21:37:09+00:00 | https://www.tradingview.com/news/reuters.com,2024:newsml_L1N3K110K:0-tech-stocks-in-focus-as-investors-eye-latest-filings-from-funds/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'NASDAQ:AAPL', 'base_logoid': 'apple'}, {'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:META', 'base_logoid': 'meta-platforms'}, {'symbol': 'NYSE:DELL', 'base_logoid': 'dell'}, {'symbol': 'NASDAQ:AMZN', 'base_logoid': 'amazon'}, {'symbol': 'NASDAQ:QCOM', 'base_logoid': 'qualcomm'}, {'symbol': 'NYSE:UNH', 'base_logoid': 'unitedhealth'}, {'symbol': 'NYSE:HPP', 'base_logoid': 'hudson-pacific-properties'}, {'symbol': 'NYSE:MOH', 'base_logoid': 'molina-healthcare'}, {'symbol': 'NYSE:FOUR', 'base_logoid': 'shift4-payments'}, {'symbol': 'NASDAQ:AMD', 'base_logoid': 'advanced-micro-devices'}, {'symbol': 'NYSE:UBER', 'base_logoid': 'uber'}, {'symbol': 'TWSE:2330', 'base_logoid': 'taiwan-semiconductor'}, {'symbol': 'NYSE:ALUR', 'base_logoid': 'allurion-technologies'}, {'symbol': 'NYSE:NU', 'base_logoid': 'nu-holdings'}, {'symbol': 'NASDAQ:PYPL', 'base_logoid': 'paypal'}, {'symbol': 'NASDAQ:BL', 'base_logoid': 'blackline'}] | /news/reuters.com,2024:newsml_L1N3K110K:0-tech-stocks-in-focus-as-investors-eye-latest-filings-from-funds/ | EN | Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded more recent turmoil in U.S. stocks. Filed at the end of… | Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded more recent turmoil in U.S. stocks.
Filed at the end of each quarter, the 13-F filings are one of the few ways to get a snapshot of how often-secretive market participants such as hedge funds and sovereign wealth funds are positioned, though they are backward-looking and do not reveal current holdings.
The S&P 500 rose nearly 4% from the beginning of April until the end of June, notching nine consecutive record highs in a rally fueled by excitement over artificial intelligence and expectations that the Federal Reserve will be able to lower U.S. inflation without hurting growth.
Markets turned frothy at the start of the third quarter. Worries over rich valuations hit many of the market's tech heavyweights, including chipmaker Nvidia NASDAQ:NVDA, the poster-child of the AI rally. Concerns over the U.S. economy and a rate hike from the Bank of Japan roiled markets further, spurring a sharp early-August plunge in the S&P 500. The index has recently made up much of those losses.
Here is a snapshot of how some of the biggest funds were positioned at the end of June:
LIGHT STREET CAPITAL
Tech-focused equity hedge fund Light Street Capital added 77,459 shares in Apple NASDAQ:AAPL while dumping all 110,000 of its shares in Alphabet NASDAQ:GOOG and also 46,000 shares in Microsoft NASDAQ:MSFT in the second quarter. It trimmed its stakes in Meta NASDAQ:META and Nvidia. It added Dell Technologies NYSE:DELL, buying $17.4 million worth or 126,279 shares.
MAVERICK CAPITAL
Lee Ainslie's hedge fund more than tripled its shares in Microsoft to 600,000 shares in the second quarter. It increased its positions in Meta and Amazon NASDAQ:AMZN, but slashed its stake in Alphabet. Maverick trimmed its Nvidia exposure.
RENAISSANCE TECHNOLOGIES (and others)
Nvidia, which has helped lead the broader stock market higher this year, continued to gain interest from prominent investors including hedge fund Renaissance Technologies, which added approximately 1.5 million shares over the quarter.
Large asset managers including BlackRock, State Street, and Vanguard made significant purchases as well. Texas-based Twin Tree Asset Management was among the few funds that closed out of its Nvidia position by selling nearly 900,000 shares.
TIGER GLOBAL MANAGEMENT
Chase Coleman's hedge fund added 1.9 million shares in Qualcomm NASDAQ:QCOM, totaling $370 million. Outside of tech, it added a new $1.2-billion position in UnitedHealth Group NYSE:UNH - or 2.3 million shares. It made no changes to its positions in so-called Magnificent Seven tech and growth stocks, which included Nvidia, Google-parent Alphabet and Amazon.
SCION ASSET MANAGEMENT
Fund manager Michael Burry, whose bets against the U.S. housing market before the 2008 financial crisis were chronicled in the movie "The Big Short," reduced the number of companies in his portfolio to 10 in June from 16 in March. Still, he added some new stocks, including real estate company Hudson Pacific Properties NYSE:HPP and Molina Healthcare NYSE:MOH, which provides healthcare services under the government-backed programs, and payments company Shift4 NYSE:FOUR.
ROKOS CAPITAL MANAGEMENT
The macro hedge fund run by Chris Rokos sold a $164.9 million position in Apple - totaling 961,403 shares - that it held at the end of the first quarter, while also reducing its stake in Alphabet by almost 90%. But Rokos increased its stakes in other Magnificent Seven stocks: Meta Platforms, Nvidia, Microsoft and Amazon.
SOROS CAPITAL MANAGEMENT
The family office of Robert Soros dissolved its 63,640-share stake in Microsoft, worth $26.6 million at the end of March, and sold all 103,000 shares it owned in Advanced Micro Devices NASDAQ:AMD in the second quarter, while also reducing exposure to other big tech companies, such as Amazon, Uber Technologies NYSE:UBER, Taiwan Semiconductor Manufacturing Company TWSE:2330 and Meta. Soros dissolved a sizable put position, which is typically seen as bearish, in the exchange-traded fund iShares iBoxx $ High Yield Corporate Bond.
SAUDI PUBLIC INVESTMENT FUND
The Saudi Public Investment Fund closed out its position in weight-loss biotech Allurion Technologies Inc NYSE:ALUR, selling nearly 1.2 million shares. It tripled its position in the Brazilian digital-banking company Nu Holdings Ltd NYSE:NU, adding approximately 2.6 million shares, and added to existing call positions – which are typically seen as bullish - in large technology stocks including PayPal NASDAQ:PYPL, Microsoft, and Meta.
The fund held roughly $20.7 billion in U.S. stocks in the second quarter. In the first quarter, it had slashed its holdings nearly in half, to $18 billion.
JANA PARTNERS
Activist investor Jana Partners built a new stake in U.S. enterprise software company BlackLine Systems NASDAQ:BL during the second quarter. Jana owned 1.15 million shares on June 30, equivalent to a near 2% stake.
| stocks | null | null | null |
tag:reuters.com,2024:newsml_L1N3K10VE:0 | MSFT | Tech stocks in focus as investors eye latest filings from funds | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-14T19:39:21+00:00 | https://www.tradingview.com/news/reuters.com,2024:newsml_L1N3K10VE:0-tech-stocks-in-focus-as-investors-eye-latest-filings-from-funds/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'NYSE:UNH', 'base_logoid': 'unitedhealth'}, {'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:AMZN', 'base_logoid': 'amazon'}, {'symbol': 'NYSE:HPP', 'base_logoid': 'hudson-pacific-properties'}, {'symbol': 'NYSE:MOH', 'base_logoid': 'molina-healthcare'}, {'symbol': 'NYSE:FOUR', 'base_logoid': 'shift4-payments'}, {'symbol': 'NASDAQ:AAPL', 'base_logoid': 'apple'}, {'symbol': 'NASDAQ:META', 'base_logoid': 'meta-platforms'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:AMD', 'base_logoid': 'advanced-micro-devices'}, {'symbol': 'NYSE:UBER', 'base_logoid': 'uber'}, {'symbol': 'TWSE:2330', 'base_logoid': 'taiwan-semiconductor'}, {'symbol': 'NYSE:ALUR', 'base_logoid': 'allurion-technologies'}, {'symbol': 'NYSE:NU', 'base_logoid': 'nu-holdings'}, {'symbol': 'NASDAQ:PYPL', 'base_logoid': 'paypal'}, {'symbol': 'NASDAQ:BL', 'base_logoid': 'blackline'}] | /news/reuters.com,2024:newsml_L1N3K10VE:0-tech-stocks-in-focus-as-investors-eye-latest-filings-from-funds/ | EN | Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded a more recent bout of turmoil in U.S. stocks. Filed at… | Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded a more recent bout of turmoil in U.S. stocks.
Filed at the end of each quarter, the 13-F filings are one of the few ways to get a snapshot of how often-secretive market participants such as hedge funds and sovereign wealth funds are positioned, though they are backward looking and don’t reveal current holdings.
The S&P 500 rose nearly 4% from the beginning of April until the end of June, notching nine consecutive record highs in a rally fueled by excitement over artificial intelligence and expectations that the Federal Reserve will be able to lower U.S. inflation without hurting growth.
Markets turned frothy at the start of the third quarter. Worries over rich valuations hit many of the market's tech heavyweights, including chipmaker Nvidia NASDAQ:NVDA, the poster-child of the AI rally. Concerns over the U.S. economy and a rate hike from the Bank of Japan roiled markets further, spurring a sharp early-August plunge in the S&P 500. The index has made up much of those losses in recent days.
Here is a snapshot of how some of the biggest funds were positioned at the end of June:
RENAISSANCE TECHNOLOGIES (and others)
AI-giant Nvidia NASDAQ:NVDA, which has helped lead the broader stock market higher this year, continued to gain interest from prominent investors including hedge fund Renaissance Technologies, which added approximately 1.5 million shares over the quarter.
Large asset managers including BlackRock, State Street, and Vanguard made significant purchases as well. Texas-based Twin Tree Asset Management was among the few funds that closed out of their Nvidia position by selling nearly 900,000 shares.
TIGER GLOBAL MANAGEMENT
Chase Coleman's hedge fund added 1.9 million shares in Qualcomm >, totaling $370 million. Outside of tech, it added a new $1.2 billion position in UnitedHealth Group NYSE:UNH - or 2.3 million shares. It made no changes to its positions in so-called Magnificent Seven tech and growth stocks, which included shares of Nvidia, Google-parent Alphabet NASDAQ:GOOG and Amazon NASDAQ:AMZN.
SCION ASSET MANAGEMENT
Fund manager Michael Burry, whose bets against the U.S. housing market before the 2008 financial crisis were chronicled in the movie "The Big Short," reduced the number of companies in his portfolio to 10 in June from 16 in March. Still, he added some new stocks, including real estate company Hudson Pacific Properties NYSE:HPP and Molina Healthcare NYSE:MOH, which provides healthcare services under the government-backed programs, and payments company Shift4 NYSE:FOUR.
ROKOS CAPITAL MANAGEMENT
The macro hedge fund run by Chris Rokos sold a $164.9 million position in Apple NASDAQ:AAPL - totaling 961,403 shares - that it held at the end of the first quarter, while also reducing its stake in Alphabet NASDAQ:GOOG by almost 90%. But Rokos increased its stakes in other so-called Magnificent Seven stocks: Meta Platforms NASDAQ:META, Nvidia NASDAQ:NVDA, Microsoft NASDAQ:MSFT and Amazon NASDAQ:AMZN.
SOROS CAPITAL MANAGEMENT
The family office of Robert Soros completely dissolved its stake 63,640 share stake in Microsoft, worth $26.6 million at the end of March, and sold all 103,000 shares they owned in Advanced Micro Devices NASDAQ:AMD in the second quarter, while also reducing exposure to other big tech companies, such as Amazon NASDAQ:AMZN, Uber Technologies NYSE:UBER, Taiwan Semiconductor Manufacturing Company TWSE:2330 and Meta Platforms. Soros dissolved a sizable put position, which is typically seen as bearish, in the exchange-traded fund iShares iBoxx $ High Yield Corporate Bond.
SAUDI PUBLIC INVESTMENT FUND
The Saudi Public Investment Fund closed out its position in weight loss biotech Allurion Technologies Inc NYSE:ALUR, selling nearly 1.2 million shares. It tripled its position in the Brazilian digital banking company Nu Holdings Ltd NYSE:NU, adding approximately 2.6 million shares, and added to existing call positions – which are typically seen as bullish - in large technology stocks including PayPal NASDAQ:PYPL, Microsoft NASDAQ:MSFT, and Facebook-parent Meta Platforms Inc NASDAQ:META.
The fund held roughly $20.7 billion in US stocks in the second quarter. In the first quarter, it had slashed its holdings nearly in half, to $18 billion.
JANA PARTNERS
Activist investor Jana Partners built a new stake in U.S. enterprise software company BlackLine Systems NASDAQ:BL during the second quarter. Jana owned 1.15 million shares on June 30, equivalent to a near 2% stake.
| stocks | null | null | null |
benzinga:0e5471760094b:0 | QQQ | Wall Street Battles For Fifth Day Of Gains As Inflation Cools, Gives Green Light To Rate Cuts; Financials Outperform: What's Driving Markets Wednesday? | benzinga | https://benzinga.com/ | 2024-08-14T17:28:35+00:00 | https://www.tradingview.com/news/benzinga:0e5471760094b:0-wall-street-battles-for-fifth-day-of-gains-as-inflation-cools-gives-green-light-to-rate-cuts-financials-outperform-what-s-driving-markets-wednesday/ | null | [{'symbol': 'NASDAQ:GOOGL', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:TSLA', 'base_logoid': 'tesla'}, {'symbol': 'NASDAQ:SBUX', 'base_logoid': 'starbucks'}, {'symbol': 'NASDAQ:TLT', 'base_logoid': 'ishares'}, {'symbol': 'AMEX:UUP', 'base_logoid': 'invesco'}, {'symbol': 'AMEX:USO', 'base_logoid': 'uscf-fund'}, {'symbol': 'AMEX:SPY', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'AMEX:DIA', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}, {'symbol': 'AMEX:IWM', 'base_logoid': 'ishares'}, {'symbol': 'AMEX:XLF', 'base_logoid': 'sector/financial'}, {'symbol': 'AMEX:XLY', 'base_logoid': 'sector/consumer-discretionary'}, {'symbol': 'NYSE:K', 'base_logoid': 'kellogg'}, {'symbol': 'NYSE:SCHW', 'base_logoid': 'schwab'}, {'symbol': 'NYSE:ALL', 'base_logoid': 'allstate'}, {'symbol': 'NYSE:PGR', 'base_logoid': 'progressive-ohio'}, {'symbol': 'NYSE:MS', 'base_logoid': 'morgan-stanley'}, {'symbol': 'NYSE:CAH', 'base_logoid': 'cardinal-health'}, {'symbol': 'NYSE:EAT', 'base_logoid': 'brinker-international'}, {'symbol': 'NYSE:PFGC', 'base_logoid': 'performance-food'}, {'symbol': 'NASDAQ:CSCO', 'base_logoid': 'cisco'}, {'symbol': 'NASDAQ:LITE', 'base_logoid': 'lumentum-hldgs'}] | /news/benzinga:0e5471760094b:0-wall-street-battles-for-fifth-day-of-gains-as-inflation-cools-gives-green-light-to-rate-cuts-financials-outperform-what-s-driving-markets-wednesday/ | EN | The July consumer inflation report released Wednesday confirmed a continued cooling trend in price increases across the economy, with the headline Consumer Price Index (CPI) coming in at 2.9% year-over-year, slightly below both the previous and expected 3%. Core inflation, which excludes food and e… | The July consumer inflation report released Wednesday confirmed a continued cooling trend in price increases across the economy, with the headline Consumer Price Index (CPI) coming in at 2.9% year-over-year, slightly below both the
Core inflation, which excludes food and energy, also saw a modest decline from 3.3% to 3.2% year-over-year, aligning with economists’ forecasts.
For investors, this signals that the Federal Reserve may have the green light to cut interest rates in September. However, the odds of a 25 basis point hike are slightly higher than those of a 50 basis point cut.
Wall Street had a mixed response to the data. Major indices initially rose around 10 a.m. E.T. before flattening out by midday trading in New York.
Both S&P 500 and Nasdaq 100 are striving to secure their fifth consecutive sessions in the green.
Financial stocks outperformed among the 11 sectors of the S&P 500. The biggest laggards were communication services, weighed down by a decline in Alphabet Inc. NASDAQ:GOOGLNASDAQ:GOOG, and consumer discretionary, dragged by Tesla Inc. NASDAQ:TSLA and Starbucks Inc. NASDAQ:SBUX.
Long-dated Treasury yields fell by 4 basis points, boosting the iShares 20+ Year Treasury Bond ETF NASDAQ:TLT by 0.6%.
The U.S. dollar index, as tracked by the Invesco DB USD Index Bullish Fund ETF AMEX:UUP, remained steady, while gold eased by 1%.
Oil prices, tracked by the United States Oil Fund AMEX:USO, declined by 1.1%, marking the second consecutive session of losses.
Bitcoin dropped 2.4% to $59,100.
Wednesday’s Performance In Major US Indices, ETFs
Major IndicesPrice1-day %chgDow Jones39,894.490.3%S&P 5005,442.320.1%Nasdaq 10018,967.78-0.2%Russell 20002,081.22-0.8%According to Benzinga Pro data:
The SPDR S&P 500 ETF Trust AMEX:SPY was 0.1% higher to $542.64.The SPDR Dow Jones Industrial Average AMEX:DIA rose 0.4% to $399.25.The tech-heavy Invesco QQQ Trust Series NASDAQ:QQQ eased 0.1% to $461.91.The iShares Russell 2000 ETF AMEX:IWM tumbled 0.9% to $206.01.The Financials Select Sector SPDR Fund AMEX:XLF outperformed, up by 0.8%. The Consumer Discretionary Select Sector SPDR Fund AMEX:XLY lagged, down by 0.8%.Wednesday’s Stock Movers
Kellanova NYSE:K surged 7.7% after the company announced it would be acquired by Mars in an all-cash deal valued at $35.9 billion.Alphabet Inc. fell nearly 3% after reports that the U.S. Department of Justice may break up Google following a recent ruling that it monopolized the online search market.Charles Schwab Corp. NYSE:SCHW jumped over 4% after reporting that total client assets reached $9.572 trillion in July, up 16% year-over-year and 2% from June, with core net new assets surging 112% to $29 billion compared to July 2023.Other financial stocks marking strong gains on Wednesday included The Allstate Corp. NYSE:ALL, The Progressive Corp. NYSE:PGR and Morgan Stanley NYSE:MS up 5%, 4.8% and 3.2%, respectively.Stocks moving on earnings report were Cardinal Health, Inc. NYSE:CAH, up 4%, Brinker International, Inc. NYSE:EAT, down 14% and Performance Food Group Company NYSE:PFGC up 8%. Those reporting after the close include Cisco Systems, Inc. NASDAQ:CSCO and Lumentum Holdings Inc. NASDAQ:LITE.Read Now:
This photo was created using artificial intelligence MidJourney.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
DJN_DN20240814010533:0 | MSFT | Elon Musk's xAI Launches New AI Model. It's Still Not a Threat to Microsoft and Google. — Barrons.com | dow-jones | https://www.tradingview.com/news/providers/dow-jones/ | 2024-08-14T16:18:00+00:00 | https://www.tradingview.com/news/DJN_DN20240814010533:0/ | 2024 Dow Jones & Company, Inc. All rights reserved. | [{'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:AAPL', 'base_logoid': 'apple'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NYSE:TWTR', 'base_logoid': 'twitter'}] | /news/DJN_DN20240814010533:0/ | EN | By Adam ClarkElon Musk's artificial-intelligence start-up has launched a new version of its Grok chatbot, but the company still looks to be chasing Microsoft and Google in the field of generative artificial intelligence.Musk's xAI said Wednesday that Grok 2 — a successor to the AI chatbot it launch… | By Adam Clark
Elon Musk's artificial-intelligence start-up has launched a new version of its Grok chatbot, but the company still looks to be chasing Microsoft and Google in the field of generative artificial intelligence.
Musk's xAI said Wednesday that Grok 2 — a successor to the AI chatbot it launched in November — would be available in testing mode for paying users of the social-media platform X. It is planning to make it available to developers later in August.
"We are excited to release an early preview of Grok-2, a significant step forward from our previous model Grok-1.5, featuring frontier capabilities in chat, coding, and reasoning," said xAI in a blog post.
The company, which Musk launched last year, is still arguably lagging behind other companies' in-house AI studios in terms of products for commercial and general users. The most eye-catching addition on Wednesday was AI image-generation capabilities on X, but those were being powered by technology created by a separate AI start-up, Black Forest Labs.
That compares with multiple new AI features that Alphabet's Google rolled out as it launched new Pixel Studio smartphones. On the list are an image-generating app called Pixel Studio and another app that scans screenshots for content.
Google's Gemini Live — a conversational AI chatbot powered by voice — was rolled out to all compatible Android phones in English on Tuesday. A version for Apple's iOS devices is coming soon, according to Google.
Microsoft-backed OpenAI, meanwhile, has generally led the way in generative AI since its launch of ChatGPT in late 2022. According to The Wall Street Journal, it has been valued at $86 billion, far outstripping xAI's reported valuation of $24 billion.
OpenAI has previewed multiple AI features that it has yet to bring to general release, including the text-to-video generator Sora. It has opted to make incremental improvements to its GPT-4 AI model rather than announcing a successor.
Musk, among the co-founders of OpenAI, recently revived a lawsuit against the company, alleging he was manipulated into believing the AI company he helped launch would be a nonprofit venture.
News Corp, owner of Barron's parent company Dow Jones, has a content-licensing partnership with OpenAI.
Write to Adam Clark at adam.clark@barrons.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
| stocks | null | null | null |
tag:reuters.com,2024-08-14:newsml_GNX22g4nf:0 | MSFT | Global Artificial Intelligence (AI) In Healthcare Market Size Is Anticipated to Reach Around $613 Billion By 2034 | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-14T14:50:00+00:00 | https://www.tradingview.com/news/reuters.com,2024-08-14:newsml_GNX22g4nf:0-global-artificial-intelligence-ai-in-healthcare-market-size-is-anticipated-to-reach-around-613-billion-by-2034/ | GlobeNewswire, Inc. 2024 | [{'symbol': 'NYSE:AI', 'base_logoid': 'c3-ai'}, {'symbol': 'NYSE:SNOW', 'base_logoid': 'snowflake'}, {'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}] | /news/reuters.com,2024-08-14:newsml_GNX22g4nf:0-global-artificial-intelligence-ai-in-healthcare-market-size-is-anticipated-to-reach-around-613-billion-by-2034/ | EN | PALM BEACH, Fla., Aug. 14, 2024 (GLOBE NEWSWIRE) — FN Media Group News Commentary - The artificial intelligence (AI) infrastructure market is expected to expand in the next decade across all the worldwide healthcare markets. AI algorithms have demonstrated the capability to analyze vast amounts o… | PALM BEACH, Fla., Aug. 14, 2024 (GLOBE NEWSWIRE) — FN Media Group News Commentary - The artificial intelligence (AI) infrastructure market is expected to expand in the next decade across all the worldwide healthcare markets. AI algorithms have demonstrated the capability to analyze vast amounts of medical data, including patient records and genetic information. This efficiency allows healthcare professionals to diagnose conditions more quickly and accurately, leading to better patient outcomes. AI-powered diagnostic tools can detect subtle patterns and indicators of diseases, this offers early detection and further works on early prevention of diseases. AI systems also help in assisting healthcare professionals with valuable tools, all these factors that offer improved diagnosis process act as a driver for the market’s growth. A report from Precedence Research said that the global artificial intelligence (AI) in healthcare Market size, which was USD 19.27 billion in 2023, is estimated at USD 26.69 billion in 2024 and is anticipated to reach around USD 613.81 billion by 2034, expanding at a CAGR of 36.83% from 2024 to 2034. The U.S. artificial intelligence (AI) in healthcare market size was valued at USD 6.07 billion in 2023 and is expected to be worth around USD 195.01 billion by 2034, growing at a CAGR of 37% from 2024 to 2034. Active A.I. companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), C3 AI NYSE:AI, Snowflake NYSE:SNOW, NVIDIA Corporation NASDAQ:NVDA, Microsoft Corporation NASDAQ:MSFT.
The Precedence Research report said: "The growing adoption of the digital technologies in the healthcare sector owing to the growing need for reducing the healthcare costs and offer enhanced quality patient care services to the patients are the prominent factors that are boosting the growth of the global artificial intelligence in healthcare market. The surging prevalence of various chronic diseases and growing elderly population is resulting in the increased pool of patients at hospitals. The large volume of patient health data is generated every day, which is required to be stored and managed effectively. The growing demand for the personalized medicines and the necessity of maintaining digital health records are significantly driving the artificial intelligence in healthcare market."
Avant Technologies, Inc. (OTCQB: AVAI) Unveils AI-Powered Healthcare Infrastructure to Deliver Intelligent Healthcare Solutions - Avant Technologies, Inc. (“Avant” or the “Company”), an emerging technology company developing solutions in artificial intelligence (AI) infrastructure while exploring additional technologies in the biotechnology and healthcare sectors, today announced a significant initiative to improve patient care by creating an advanced AI-powered healthcare infrastructure. This new platform will utilize machine learning and advanced computing to empower healthcare providers and patients, which will enhance care delivery and monitoring. Healthcare-focused applications, such as "intelligent agents," will directly benefit from this platform, which includes built-in features specifically designed for healthcare applications for professionals and patients.
Avant's vision for the future of healthcare revolves around integrating with existing systems and providing a suite of built-in infrastructure and intelligent features. These features include first-line advising agents that offer personalized guidance to patients, advanced analytics to uncover hidden patterns and optimize treatment plans, and tailored treatment protocols based on individual patient data. The platform will also include a predictive health analysis feature for early intervention and medication management tools to ensure optimal adherence and effectiveness.
One of the infrastructure's key focuses is a highly secure connection to clinic and hospital patient databases. This ensures privacy and compliance while enabling remote telemedicine features. It also expands access to quality healthcare, especially in underserved areas.
"Our mission is to utilize the latest advancements in AI, including the massive potential of future quantum computing, to create a healthcare ecosystem where healthcare applications can naturally incorporate smart features for patient care, ensuring that every patient receives the best possible care," said Kenneth L. Waggoner, Chief Executive Officer at Avant Technologies. "We believe that evidence-based medicine and intelligent resource allocation will pave the way for a healthier future for all."
Avant's ambition extends beyond improving patient outcomes. By optimizing healthcare spending through intelligent data-driven insights, the company aims to make quality healthcare more accessible and affordable for everyone. This initiative reinforces Avant's commitment to utilizing cutting-edge technology to create a more efficient, effective, and equitable healthcare system for the future. CONTINUED… Read this and more news for Avant Technologies at: https://www.financialnewsmedia.com/news-avai/
In other industry developments and happenings in the market recently include:
C3 AI NYSE:AI, the Enterprise AI application software company, recently announced that the company has achieved the Amazon Web Services (AWS) Generative AI Competency. This specialization recognizes C3 AI as an AWS Partner that helps customers and the AWS Partner Network (APN) drive the advancement of services, tools, and infrastructure pivotal for implementing generative AI technologies.
Achieving the AWS Generative AI Competency differentiates C3 AI as an AWS Partner that has demonstrated technical proficiency and customer success in supporting minimized hallucinations, prompt engineering, model customization, and data privacy. C3 AI possesses the experience and expertise demonstrated through successful projects addressing customer challenges using generative AI solutions. These solutions enable digital transformation strategies for augmenting the customer experience, delivering hyper-personalized and engaging content, streamlining workflows, and delivering actionable results powered by generative AI technology from AWS.
Snowflake NYSE:SNOW, the AI Data Cloud company, recently announced that it will host the Llama 3.1 collection of multilingual open source large language models (LLMs) in Snowflake Cortex AI for enterprises to easily harness and build powerful AI applications at scale. This offering includes Meta’s largest and most powerful open source LLM, Llama 3.1 405B, with Snowflake developing and open sourcing the inference system stack to enable real-time, high-throughput inference and further democratize powerful natural language processing and generation applications. Snowflake’s industry-leading AI Research Team has optimized Llama 3.1 405B for both inference and fine-tuning, supporting a massive 128K context window from day one, while enabling real-time inference with up to 3x lower end-to-end latency and 1.4x higher throughput than existing open source solutions. Moreover, it allows for fine-tuning on the massive model using just a single GPU node — eliminating costs and complexity for developers and users — all within Cortex AI.
By partnering with Meta, Snowflake is providing customers with easy, efficient, and trusted ways to seamlessly access, fine-tune, and deploy Meta’s newest models in the AI Data Cloud, with a comprehensive approach to trust and safety built-in at the foundational level.
NVIDIA Corporation NASDAQ:NVDA recently announced major advancements to Universal Scene Description, or OpenUSD, that will expand adoption of the universal 3D data interchange framework to robotics, industrial design and engineering, and accelerate developers’ abilities to build highly accurate virtual worlds for the next evolution of AI.
Through new OpenUSD-based generative AI and NVIDIA-accelerated development frameworks built on the NVIDIA Omniverse™ platform, more industries can now develop applications for visualizing industrial design and engineering projects, and for simulating environments to build the next wave of physical AI and robots.
Palantir Technologies Inc. (PLTR) and Microsoft Corporation NASDAQ:MSFT recently announced a significant advancement in their partnership to bring some of the most sophisticated and secure cloud, AI, and analytics capabilities to the U.S. Defense and Intelligence Community. This is a first-of-its-kind, integrated suite of technology that will allow critical national security missions to operationalize Microsoft’s best-in-class Large Language Models (LLMs) via Azure OpenAI (AOAI) Service within Palantir’s AI Platform (AIP) in Microsoft’s government and classified cloud environments.
Palantir and Microsoft have a long history operating in secure and accredited environments to deliver leading technology for the most critical U.S. Defense and Intelligence missions. Now, through this partnership, Palantir will deploy their suite of products – Foundry, Gotham, Apollo, and AIP – in Microsoft Azure Government and in the Azure Government Secret (DoD Impact Level 6) and Top Secret clouds. Palantir will also be an early adopter of Azure’s OpenAI Service in Microsoft’s Secret and Top Secret environments.
About FN Media Group:
At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases
Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia
Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup
Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/
DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM was compensated forty nine hundred dollars for news coverage of the current press releases issued by Avant Technologies, Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.
Contact Information:
Media Contact email: editor@financialnewsmedia.com - +1(561)325-8757
SOURCE: FN Media Group
| stocks | null | null | null |
benzinga:a67a4e78a094b:0 | QQQ | Nvidia Position Building Ahead Of Earnings, CPI Dampens Super Bullish Stock Market Hopium | benzinga | https://benzinga.com/ | 2024-08-14T14:21:36+00:00 | https://www.tradingview.com/news/benzinga:a67a4e78a094b:0-nvidia-position-building-ahead-of-earnings-cpi-dampens-super-bullish-stock-market-hopium/ | null | [{'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}, {'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:TSLA', 'base_logoid': 'tesla'}, {'symbol': 'NASDAQ:AAPL', 'base_logoid': 'apple'}, {'symbol': 'NASDAQ:AMZN', 'base_logoid': 'amazon'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:META', 'base_logoid': 'meta-platforms'}, {'symbol': 'AMEX:SPY', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'AMEX:GLD', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'AMEX:SLV', 'base_logoid': 'ishares'}, {'symbol': 'AMEX:USO', 'base_logoid': 'uscf-fund'}] | /news/benzinga:a67a4e78a094b:0-nvidia-position-building-ahead-of-earnings-cpi-dampens-super-bullish-stock-market-hopium/ | EN | To gain an edge, this is what you need to know today.Hopium DashedNote the following:Please click here for an enlarged chart of Invesco QQQ Trust Series 1 NASDAQ:QQQ.U.K.U.K. July CPI came at -0.2% vs. 0.0% consensus. Inflation data in the U.K. tends to lead U.S. data.Magnificent Seven Money Flows… | To gain an edge, this is what you need to know today.
Hopium Dashed
Note the following:
Please click here for an enlarged chart of Invesco QQQ Trust Series 1 NASDAQ:QQQ.
The chart shows that QQQ has traced an island reversal. This is a bullish technical pattern.The chart shows the resistance zone is nearby.RSI on the chart shows the bounce from the oversold condition continues to strengthen.The chart shows the power of the bounce from the oversold condition overcame the negative in the Producer Price Index (PPI) report. Please see yesterday's Morning Capsule for details.Consumer Price Index (CPI) data came in line with consensus. Here are the details: Headline CPI came at 0.2% vs. 0.2% consensus.Core CPI came at 0.2% vs. 0.2% consensus. Whisper numbers circulating among the super bullish momo crowd were 0.1% for the headline and 0.1% for the core. As a result, the momo crowd is positioned for a rip roaring stock market rally after the CPI release. The momo crowd aggressively bought stocks ahead of the release. After the release, there is disappointment since the data came hotter than the whisper numbers.Now that CPI data came in warmer than the whisper numbers, prudent investors should carefully watch the new narrative that momo gurus may come up with to prevent their followers from selling stocks.In The Arora Report analysis, the determining factor in the very short term will be if the aggressive buying in AI stocks continues or falters.NVIDIA Corp NASDAQ:NVDA stock saw aggressive position building yesterday ahead of earnings, which are set to be released on August 28.Aggressive buying in NVDA lifted all AI stocks.The U.S. government is looking at breaking up Alphabet Inc Class C NASDAQ:GOOG after a judge ruled that Google is a monopolist. Investors are temporarily shrugging off the news hoping that Trump will be elected and keep Google intact.U.K.
U.K. July CPI came at -0.2% vs. 0.0% consensus. Inflation data in the U.K. tends to lead U.S. data.
Magnificent Seven Money Flows
In the early trade, money flows are positive in NVDA and Tesla Inc NASDAQ:TSLA.
In the early trade, money flows are neutral in Apple Inc NASDAQ:AAPL, Amazon.com, Inc. NASDAQ:AMZN, Microsoft Corp NASDAQ:MSFT, and Meta Platforms Inc NASDAQ:META.
In the early trade, money flows are negative in GOOG.
In the early trade, money flows are mixed in SPDR S&P 500 ETF Trust AMEX:SPY and QQQ.
Momo Crowd And Smart Money In Stocks
Investors can gain an edge by knowing money flows in SPY and QQQ. Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil. The most popular ETF for gold is SPDR Gold Trust AMEX:GLD. The most popular ETF for silver is iShares Silver Trust AMEX:SLV. The most popular ETF for oil is United States Oil ETF AMEX:USO.
Bitcoin
Bitcoin is range bound.
Protection Band And What To Do Now
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market.
Traditional 60/40 Portfolio
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever Generate Wealth Newsletter.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
urn:newsml:mtnewswires.com:20240814:A3204706:0 | MSFT | Jamf Signs Deal to Become Microsoft Partner | mt-newswires | https://www.tradingview.com/news/providers/mt-newswires/ | 2024-08-14T13:58:50+00:00 | https://www.tradingview.com/news/mtnewswires.com:20240814:A3204706:0/ | null | [{'symbol': 'NASDAQ:JAMF', 'base_logoid': 'jamf-holding'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}] | /news/mtnewswires.com:20240814:A3204706:0/ | EN | Jamf Holding NASDAQ:JAMF said Wednesday it has entered into a five-year agreement to become a Microsoft NASDAQ:MSFT partner. Jamf said that as a Microsoft partner, Jamf Pro will be available on Azure Marketplace by late 2024, allowing it to boost its account growth and reach more customers. Financi… | Jamf Holding NASDAQ:JAMF said Wednesday it has entered into a five-year agreement to become a Microsoft NASDAQ:MSFT partner.
Jamf said that as a Microsoft partner, Jamf Pro will be available on Azure Marketplace by late 2024, allowing it to boost its account growth and reach more customers.
Financial details of the collaboration weren't disclosed.
| stocks | null | null | null |
benzinga:cb5db9a0f094b:0 | QQQ | S&P 500 Rises, Small Caps Outperform As July Consumer Price Index Fuels Fed Rate Cut Hopes: 5 ETFs to Watch Wednesday | benzinga | https://benzinga.com/ | 2024-08-14T13:36:10+00:00 | https://www.tradingview.com/news/benzinga:cb5db9a0f094b:0-s-p-500-rises-small-caps-outperform-as-july-consumer-price-index-fuels-fed-rate-cut-hopes-5-etfs-to-watch-wednesday/ | null | [{'symbol': 'AMEX:SPY', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'NYSE:K', 'base_logoid': 'kellogg'}, {'symbol': 'NYSE:CAH', 'base_logoid': 'cardinal-health'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}, {'symbol': 'NASDAQ:ARM', 'base_logoid': 'arm'}, {'symbol': 'NASDAQ:MU', 'base_logoid': 'micron-technology'}, {'symbol': 'NASDAQ:SMH', 'base_logoid': 'vaneck'}, {'symbol': 'NASDAQ:ASML', 'base_logoid': 'asml'}, {'symbol': 'AMEX:IWM', 'base_logoid': 'ishares'}, {'symbol': 'NYSE:VSCO', 'base_logoid': 'victorias-secret'}, {'symbol': 'NASDAQ:ANAB', 'base_logoid': 'anaptysbio'}, {'symbol': 'AMEX:FXY', 'base_logoid': 'invesco'}] | /news/benzinga:cb5db9a0f094b:0-s-p-500-rises-small-caps-outperform-as-july-consumer-price-index-fuels-fed-rate-cut-hopes-5-etfs-to-watch-wednesday/ | EN | The July Consumer Price Inflation report made another step toward the Federal Reserve’s 2% target, though less pronounced than June’s, sustaining optimism for imminent interest rate cuts.Last month, a basket of goods and services purchased by U.S. consumers rose by 2.9% year-over-year, slightly bel… | The July Consumer Price Inflation report made another step toward the Federal Reserve’s 2% target, though less pronounced than June’s, sustaining optimism for
Last month, a basket of goods and services purchased by U.S. consumers rose by 2.9% year-over-year, slightly below the previous and expected 3%, marking the fourth consecutive decline in annual inflation and the
The annual core inflation rate also eased as anticipated, from 3.3% to 3.2%, the lowest since April 2021.
However, the July report was marred by an increase in the shelter component, which, due to its significant weight in the basket, accounted for about 90% of the headline inflation rise.
The decline in annual inflation rates wasn’t sufficient to bolster expectations for a 50-basis-point rate cut in September.
Market-implied probabilities for such a substantial cut dropped from 50% to 43% following the report, while the likelihood of a smaller 25-basis-point cut increased to 57%.
Market Reactions: Stocks Rise, Yields Steady, But Dollar Strengthens Against Yen
The July inflation data sparked a positive reaction in stocks, especially in the tech sector, with small caps outperforming their larger-cap counterparts. Treasury yields remained largely stable, while the U.S. dollar gained ground against the low-yielding Japanese yen.
Here are the premarket price reactions of the following exchange-traded funds (ETFs) to the inflation data:
The SPDR S&P 500 ETF Trust AMEX:SPY was up 0.2% at 09:10 a.m. in New York. Major premarket gainers were Kellanova NYSE:K and Cardinal Health Inc. NYSE:CAH, up 7.2% and 5.5% respectively. The tech-heavy Invesco QQQ Trust NASDAQ:QQQ rose 0.3%. Top gainers were Arm Holdings plc NASDAQ:ARM and Micron Technology Inc. NASDAQ:MU up 3.1% and 3%, respectively. Semiconductors were the strongest-performing industry, with the VanEck Semiconductor ETF NASDAQ:SMH up 0.9%. Micron Technology Inc. and ASML Holding N.V. NASDAQ:ASML led gains, with the latter up 2.1%. The iShares Russell 2000 ETF AMEX:IWM rallied 0.5%, with Victoria’s Secret & Co. NYSE:VSCO and AnaptysBio, Inc. NASDAQ:ANAB making the larger gains in the premarket, up 16% and 13%, respectively. The Invesco CurrencyShares Japanese Yen Trust AMEX:FXY fell 0.2%.Read now:
Image created using artificial intelligence via Midjourney.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
urn:newsml:mtnewswires.com:20240814:A3204631:0 | MSFT | Ituran Collaborates With Microsoft, Porsche to Deliver Live Data Telemetry for Carrera Cup Motor Race | mt-newswires | https://www.tradingview.com/news/providers/mt-newswires/ | 2024-08-14T13:04:54+00:00 | https://www.tradingview.com/news/mtnewswires.com:20240814:A3204631:0/ | null | [{'symbol': 'NASDAQ:ITRN', 'base_logoid': 'ituran-location-and-control-ltd'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}] | /news/mtnewswires.com:20240814:A3204631:0/ | EN | Ituran Location and Control NASDAQ:ITRN said Wednesday that it is collaborating with Microsoft NASDAQ:MSFT and Porsche to deliver live data telemetry for the Porsche Carrera Cup motor race. The telemetry data will be collected and shifted by the public mobile network to the Microsoft Azure cloud wi… | Ituran Location and Control NASDAQ:ITRN said Wednesday that it is collaborating with Microsoft NASDAQ:MSFT and Porsche to deliver live data telemetry for the Porsche Carrera Cup motor race.
The telemetry data will be collected and shifted by the public mobile network to the Microsoft Azure cloud with an Ituran telematics device installed in the Porsche sportscar's data network, the company said.
The technology was tested last year in Brazil and is now fully operational for the current Porsche Carrera Cup season in Argentina, Brazil, and Peru, Ituran said.
Financial terms of the partnership weren't disclosed.
| stocks | null | null | null |
benzinga:cc84a1d09094b:0 | MSFT | Andreessen Horowitz-Backed Tally Shuts Down In 'Difficult And Sad' End After Funding Shortfall | benzinga | https://benzinga.com/ | 2024-08-14T13:00:43+00:00 | https://www.tradingview.com/news/benzinga:cc84a1d09094b:0-andreessen-horowitz-backed-tally-shuts-down-in-difficult-and-sad-end-after-funding-shortfall/ | null | [{'symbol': 'NASDAQ:ABNB', 'base_logoid': 'airbnb'}, {'symbol': 'NASDAQ:COIN', 'base_logoid': 'coinbase'}, {'symbol': 'NASDAQ:META', 'base_logoid': 'meta-platforms'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}] | /news/benzinga:cc84a1d09094b:0-andreessen-horowitz-backed-tally-shuts-down-in-difficult-and-sad-end-after-funding-shortfall/ | EN | Andreessen Horowitz-backed fintech startup Tally, once a beacon of hope for consumers drowning in credit card debt, has officially shut its doors. Despite raising a hefty $172 million over its nine-year run, the San Francisco-based company has hit the brakes, unable to secure the funding needed to… | Andreessen Horowitz-backed fintech startup Tally, once a beacon of hope for consumers drowning in credit card debt, has officially shut its doors. Despite raising a hefty $172 million over its nine-year run, the San Francisco-based company has hit the brakes, unable to secure the funding needed to keep .
The Pivot That Never Took Off
Founded in 2015, Tally's mission was simple yet ambitious: help consumers manage and pay off high-interest credit card debt through a lower-interest loan. With a model designed to bring relief to financially stretched consumers, the startup gained significant traction, attracting the attention of heavyweight investors like Andreessen Horowitz, who led its $50 million Series C round in 2019. The company's potential seemed limitless, with its last valuation clocking in at $855 million.
However, the journey took a detour in April when Tally announced it was sunsetting its consumer app to pivot towards a B2B model. The shift promised a partnership with a “large publicly-traded consumer company” that would leverage Tally’s technology for its 50 million users. Yet, the grand reveal never materialized, leaving the market and its 183 employees in a state of uncertainty.
Read Also:
No Cash, No Tally
The final blow came on Monday when CEO Jason Brown broke the news on LinkedIn. In a somber post, Brown expressed the “difficult and sad” reality that Tally was unable to secure the necessary capital to continue. Despite exploring all avenues, the startup that once held so much promise was out of options.
For Andreessen Horowitz, a firm known for backing giants like Airbnb Inc NASDAQ:ABNB, Coinbase Global Inc NASDAQ:COIN, Meta Platforms Inc‘s NASDAQ:META Facebook and Instagram and Microsoft Corp‘s NASDAQ:MSFT Skype and GitHub. The closure of Tally is a rare miss in an otherwise stellar portfolio.
It’s a sobering reminder that even the most promising ventures, backed by substantial resources, can find themselves on the losing side of the funding equation.
Read Next:
Photo: Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| stocks | null | null | null |
benzinga:1b5a0c6d6094b:0 | MSFT | Nvidia's Rebound Rally Adds Billions To Market Value, Analysts Eye AI Growth: Report | benzinga | https://benzinga.com/ | 2024-08-14T12:56:52+00:00 | https://www.tradingview.com/news/benzinga:1b5a0c6d6094b:0-nvidia-s-rebound-rally-adds-billions-to-market-value-analysts-eye-ai-growth-report/ | null | [{'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:AMZN', 'base_logoid': 'amazon'}, {'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:META', 'base_logoid': 'meta-platforms'}] | /news/benzinga:1b5a0c6d6094b:0-nvidia-s-rebound-rally-adds-billions-to-market-value-analysts-eye-ai-growth-report/ | EN | Nvidia Corp NASDAQ:NVDA stock rebounded after weeks of volatility, making its valuation more attractive to the shareholders.The recent selloff brought Nvidia's valuation down to attractive levels. The stock now trades at about 36 times forward earnings, compared to 44 times in June.Over the past fo… | Nvidia Corp NASDAQ:NVDA stock rebounded after weeks of volatility, making its valuation more attractive to the shareholders.
The recent selloff brought Nvidia's valuation down to attractive levels. The stock now trades at about 36 times forward earnings, compared to 44 times in June.
Over the past four sessions, Nvidia's shares have surged by 17%, adding nearly $424 billion to its market value.
Also Read:
This surge has also contributed significantly to broader market gains, with Nvidia accounting for 22% of the S&P 500's recent uptick.
Major technology companies like Microsoft Corp NASDAQ:MSFT, Amazon.com Inc NASDAQ:AMZN, Alphabet Inc NASDAQ:GOOG, and Meta Platforms Inc NASDAQ:META have all indicated their continued investment in AI infrastructure, for Nvidia's defying geopolitical tensions.
BofA Securities analyst Vivek Arya told CNBC Nvidia to retain its 80%+ share in the artificial intelligence hardware market, which has the potential to triple over the next few years.
Price Action: NVDA shares were trading higher by 1.88% to $118.52 premarket at the last check on Wednesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image via Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| stocks | null | null | null |
benzinga:b2c64f26e094b:0 | QQQ | July Inflation Rate Falls More Than Expected, Supports Hopes For Large Fed Rate Cuts | benzinga | https://benzinga.com/ | 2024-08-14T12:42:18+00:00 | https://www.tradingview.com/news/benzinga:b2c64f26e094b:0-july-inflation-rate-falls-more-than-expected-supports-hopes-for-large-fed-rate-cuts/ | null | [{'symbol': 'AMEX:SPY', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}] | /news/benzinga:b2c64f26e094b:0-july-inflation-rate-falls-more-than-expected-supports-hopes-for-large-fed-rate-cuts/ | EN | The Consumer Price Index (CPI) saw a cooler-than-anticipated annual headline print in July, continuing the disinflationary trend and supporting market hopes for large interest rate cuts by the Federal Reserve.In July, the average price increase for a basket of goods and services tracked by official… | The Consumer Price Index (CPI) saw a cooler-than-anticipated annual headline print in July, continuing the disinflationary trend and supporting market hopes for large interest rate cuts
In July, the average price increase for a basket of goods and services tracked by official statistics reached 2.9% year-over-year, slightly below economist forecasts of 3%. This latest inflation reading marks the fourth consecutive decline in the annual inflation rate and smallest inflation uptick since March 2021.
July CPI Inflation Report: Key Highlights
Headline CPI inflation fell from 3% in June to 2.9% in July 2024 on a year-over-year basis, falling short of the consensus forecast of 3% tracked by TradingEconomics.On a monthly basis, inflation increased by 0.2% in July, rebounding from the previous month's contraction of 0.1% and matching estimates of 0.2%.The shelter index climbed by 0.4% in July, contributing to nearly 90% of the overall monthly increase in the all-items index.Core inflation, which excludes volatile energy and food items, eased from 3.3% to 3.2% year-over-year in July, matching forecasts. On a monthly basis, core inflation rose by 0.2%, accelerating from the previous 0.1% and matching the expected 0.2%.In July, several indexes saw increases, including shelter, motor vehicle insurance, household furnishings and operations, education, recreation and personal care. Indexes for used cars and trucks, medical care, airline fares and apparel were among those that declined during the month.Market Reactions
Before the release of July’s inflation data, traders had assigned equal odds —50% each — for the likelihood of a 50-basis-point rate cut or a smaller 25-basis-point cut by the Federal Reserve in September.
The cooler-than-expected CPI reading is likely to support expectations for a larger rate cut while trimming the probability of a more modest 0.25% reduction.
The market reaction to the inflation data was relatively muted, with S&P 500 futures up 0.1% by 8:34 a.m. ET, while Nasdaq 100 futures were flat.
In response, Treasury yields slightly increased, with the 10-year yield adding 2 basis points to 3.87% and the rate-sensitive two-year yield adding 5 basis points to 3.98%.
This comes after a strong session on Wall Street in which the SPDR S&P 500 ETF Trust AMEX:SPY gained 1.6% and the Invesco QQQ Trust NASDAQ:QQQ rallied 2.5% on Tuesday.
Read Next:
Photo via Shutterstock.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
urn:newsml:mtnewswires.com:20240814:A3204554:0 | 7203 | NHTSA Closes Preliminary Evaluation of Toyota RAV4 Vehicles | mt-newswires | https://www.tradingview.com/news/providers/mt-newswires/ | 2024-08-14T12:37:18+00:00 | https://www.tradingview.com/news/mtnewswires.com:20240814:A3204554:0/ | null | [{'symbol': 'TSE:7203', 'base_logoid': 'toyota'}] | /news/mtnewswires.com:20240814:A3204554:0/ | EN | The National Highway Traffic Safety Administration said it has closed a preliminary evaluation of about 1.8 million Toyota Motor TSE:7203 RAV4 2013-2018 vehicles over fires that start in the battery region of the engine compartment. The investigation, which focused on the contributing factors and f… | The National Highway Traffic Safety Administration said it has closed a preliminary evaluation of about 1.8 million Toyota Motor TSE:7203 RAV4 2013-2018 vehicles over fires that start in the battery region of the engine compartment.
The investigation, which focused on the contributing factors and frequency of vehicle fires, found that the fires occurred in vehicles equipped with an aftermarket battery or an original battery that had exceeded its expected lifespan, according to the NHTSA.
In November 2023, Toyota filed a safety recall for 1,853,568 RAV4 vehicles "to reduce the risk of a vehicle fire with redesigned battery retention components" following discussions with the Office of Defects Investigation, the NHTSA said.
The regulator said it closed the preliminary evaluation Monday.
| stocks | null | null | null |
tag:reuters.com,2024:newsml_L8N3K10U4:0 | 7203 | Japan's Kishida championed 'new capitalism' but was undone by yen | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-14T12:03:15+00:00 | https://www.tradingview.com/news/reuters.com,2024:newsml_L8N3K10U4:0-japan-s-kishida-championed-new-capitalism-but-was-undone-by-yen/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'FX_IDC:USDJPY', 'logoid': 'country/JP', 'base_logoid': 'country/US'}, {'symbol': 'TSE:6758', 'base_logoid': 'sony'}, {'symbol': 'TSE:7203', 'base_logoid': 'toyota'}] | /news/reuters.com,2024:newsml_L8N3K10U4:0-japan-s-kishida-championed-new-capitalism-but-was-undone-by-yen/ | EN | Fumio Kishida pushed through Japan's biggest wage increases in decades, but it was not enough to make up for the impact the battered yen has had - or keep him in his job as prime minister.Kishida on Wednesday succumbed to months of woeful public support numbers and said he would step down next mont… | Fumio Kishida pushed through Japan's biggest wage increases in decades, but it was not enough to make up for the impact the battered yen has had - or keep him in his job as prime minister.
Kishida on Wednesday succumbed to months of woeful public support numbers and said he would step down next month. While his tenure was marred by scandals, including one involving party slush funds, the weak yen was arguably his undoing.
The currency's long slide FX_IDC:USDJPY to an almost four-decade low against the dollar last month has driven up prices of food and fuel and badly hurt consumer confidence in an economy just emerging from years of deflation.
It is not clear who will succeed Kishida. But whoever does will face the pain of trying to tame higher prices from the yen.
"The advent of exchange-rate inflation really, really hurt the prime minister," said Michael Cucek, a professor specialising in Japanese politics at Temple University in Tokyo.
The currency - under pressure from a wide gap between ultra-low Japanese rates and those in other major economies - ultimately blunted the impact of wage increases, the central plank of Kishida's "new capitalism" policy. He repeatedly called on companies to increase pay, saying it was needed for broader economic growth.
Big companies duly listened, delivering the largest annual increase in three decades this year at 5.1%, with smaller companies averaging 4.5%, according to the Rengo union group.
The numbers do not include wages at many non-unionised, smaller companies where increases have been more modest, and in some cases non-existent.
Yet real wages, which are adjusted for inflation, have barely moved, meaning that people were earning far less than headline numbers suggested once prices were taken into account. In June real wages rose for the first time in 27 months, by 1.1%.
The government must continue to promote wage growth, Kishida told a press conference on Wednesday as he announced his resignation. That would ensure Japan could fully emerge from being a "deflation-prone economy" he said.
Japan ranks well below the OECD average for annual wages, at around $43,000.
END OF AN ERA
"Wage increases were the notable achievement of the Kishida administration and I hope the next government will continue that," said Takeshi Minami, chief economist at Norinchukin Research.
"The era where a weaker yen leads to increased exports and a higher GDP has come to an end. I think we're now at a stage where we just want to see the exchange rate stable."
The weak yen was a boon during Japan's high-growth years, as it made exports cheaper in foreign markets and fattened the bottom line of companies, such as Sony TSE:6758 and Toyota TSE:7203, when they brought earnings home.
But Japanese companies manufacture more overseas now, which reduces the currency effect, and policymakers are more concerned about the yen exchange rate's impact on households given the fragile economy.
During Kishida's term the central bank increased interest rates for the first time in 17 years. Its second raise, at the end of last month, helped spark a recovery in the yen that roiled global markets.
From the perspective of households and consumers, though, the currency remains weak.
"Yes, Kishida wasn't popular, but will his successor be able to better handle Japan's economy? Nobody knows," said Tatsunori Kawai, chief strategist at au Kabucom Securities.
Still, one should not forget the relative importance of some of the changes that took root during Kishida's tenure, economists say.
While wages could not keep up with inflation, the fact that Japan saw any increases in pay was significant, given it had spent years battling deflation.
"You have to commend it," said Koji Nakakita, a professor at Chuo University, about Kishida's wage policy.
The question now is whether Japan will speed up reforms or revert to its characteristic stop-start policy change.
"What the market wants to see and what is good for the macroeconomy in general is that we see a 'new wind'," said au Kabucom's Kawai.
"Someone who is willing to make a big change in Japan."
| stocks | null | null | null |
benzinga:bb69c7486094b:0 | QQQ | Wall Street Set For Subdued Start As Traders Await All-Important Inflation Data, Bitcoin Tops $61K: Fund Manager Flags This Event As Pivotal To Near-term Market Recovery | benzinga | https://benzinga.com/ | 2024-08-14T11:11:16+00:00 | https://www.tradingview.com/news/benzinga:bb69c7486094b:0-wall-street-set-for-subdued-start-as-traders-await-all-important-inflation-data-bitcoin-tops-61k-fund-manager-flags-this-event-as-pivotal-to-near-term-market-recovery/ | null | [{'symbol': 'OTC:HNHPF', 'base_logoid': 'hon-hai'}, {'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'NASDAQ:PTON', 'base_logoid': 'peloton-interactive-inc'}, {'symbol': 'NASDAQ:GOOGL', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NYSE:K', 'base_logoid': 'kellogg'}, {'symbol': 'NYSE:CAH', 'base_logoid': 'cardinal-health'}, {'symbol': 'NYSE:EAT', 'base_logoid': 'brinker-international'}, {'symbol': 'NYSE:PFGC', 'base_logoid': 'performance-food'}, {'symbol': 'NASDAQ:CSCO', 'base_logoid': 'cisco'}, {'symbol': 'NASDAQ:LITE', 'base_logoid': 'lumentum-hldgs'}, {'symbol': 'NYSE:UBS', 'base_logoid': 'ubs-group'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}] | /news/benzinga:bb69c7486094b:0-wall-street-set-for-subdued-start-as-traders-await-all-important-inflation-data-bitcoin-tops-61k-fund-manager-flags-this-event-as-pivotal-to-near-term-market-recovery/ | EN | The major index futures are pointing to a nervous start ahead of the consumer price inflation report that is due at 8:30 a.m. EDT. Bond yields are slipping ahead of the inflation data. If the report confirms a continued let-up in pricing pressure, the Federal Reserve may be forced to cut rates. Eco… | The major index futures are pointing to a nervous start ahead of the that is due at 8:30 a.m. EDT. Bond yields are slipping ahead of the inflation data. If the report confirms a continued let-up in pricing pressure, the Federal Reserve may be forced to cut rates. Economists and strategists expect Fed Chair Jerome Powell to render more clarity on the rate outlook at the Jackson Hole symposium scheduled for later this month.
Atlanta Federal Reserve President Raphael Bostic, however, suggested he would want to see more evidence before the rate could be taken down from its 22-year high.
Hon Hai Precision Industry Co. Ltd.’s OTC:HNHPF commentary about strong AI server demand could lend support to Nvidia Corp. NASDAQ:NVDA and other AI-levered tech stocks.
FuturesPerformance (+/-)Nasdaq 100+0.07%S&P 500+0.05%Dow+0.01%R2K+0.44%Cues From Last Session:
Stocks raced out of the gate on Tuesday after a tamer-than-expected producer price inflation report perked up risk appetite. The VIX at one point in time pulled back below the 18 level. All three major averages opened higher and advanced further over the course of trading before ending notably higher. The tech-heavy Nasdaq Composite and the S&P 500 indices closed at their highest levels since Aug. 1. In the process, the S&P 500 posted the biggest four-day rally for the year.
Technical analyst and CNBC contributor Frank Cappelleri noted that the S&P 500 has advanced 4.8% over six sessions, the best six-day gain since the 6% rise between Oct. 30, 2023 and Nov. 6, 2023.
The 6-day advance now is +4.8%.
That's the best since the 6-day gain of +6.0% from 10/30-11/6/23.
The index is now challenging its 50-DMA and a key downtrend line...
...which ALSO is similar to early Nov'23.
IndexPerformance (+/)ValueNasdaq Composite+2.43%17,187.61S&P 500 Index+1.68%5,434.43Dow Industrials+1.04%39,765.64Russell 2000+1.61%2,095.19Insights From Analysts:
Commenting on the market recovery post-Monday’s meltdown, fund manager Louis Navellier said, “Barring any major geopolitical surprises, it appears likely that the recovery from the recent correction will continue, though with caution rather than the strong melt-ups we’ve seen this year.”
“The NVIDIA earnings on Aug. 28 will be pivotal to a full recovery,” he said.
Upcoming Economic Data:
The July consumer price inflation report is the lone piece of first-tier data due on Wednesday. Here’s how the expectations compare to the prior periods:
ConsensusJune PerformanceConsumer Prices (M-o-M)+0.2%-0.1%Consumer Prices (Y-o-Y)+3.0%+3.0%Core consumer prices (M-o-M)+0.2%+0.1%Core consumer prices (Y-o-Y)+3.2%The Energy Information Administration will release its weekly petroleum status report at 10:30 a.m. EDT.
See Also:
Stocks In Focus:
Peloton Interactive, Inc. NASDAQ:PTON climbed nearly 7% after the company announced a content partnership with Alphabet, Inc.’s NASDAQ:GOOGL NASDAQ:GOOG Fitbit.Kellanova NYSE:K rose about 6.50% after the Wall Street Journal reported Mars, Inc. is nearing a deal to buy the former.Cardinal Health, Inc. NYSE:CAH, Brinker International, Inc. NYSE:EAT and Performance Food Group Company NYSE:PFGC are among the notable companies reporting earnings ahead of the market open.Those reporting after the close include Cisco Systems, Inc. NASDAQ:CSCO and Lumentum Holdings Inc. NASDAQ:LITE.Commodities, Bonds And Global Equity Markets:
Crude oil futures edged down, signaling that the black gold may extend the 2%+ drop seen in the previous session, and gold futures rose modestly. The 10-year Treasury- note yield slipped 1.7 basis points to 3.837%. Bitcoin continued its climb and traded above the $61K level.
The Asian markets advanced, as traders cheered Wall Street’s buoyant performance overnight and began to price in a Fed rate cut. The Chinese and Hong Kong markets, however, bucked the uptrend. European stocks were modestly higher in early trading, with UBS AG’s NYSE:UBS lending support to financial stocks.
Read Next:
Kevin O’Leary Calls Kamala Harris’ ‘Show-Me’ Story, Elon Musk ‘Modern Day Bruce Wayne:’ ‘Shark Tank’ Star Discusses Inflation And Market OpportunityImage Via Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
tag:reuters.com,2024:newsml_L4N3K10XH:0 | MSFT | 分散型AIネットワーク「サハラ」、サムスンNEXT支援ラウンドで新たな資本を調達 | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-14T11:00:03+00:00 | https://ja.tradingview.com/news/reuters.com,2024:newsml_L4N3K10XH:0/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:AMZN', 'base_logoid': 'amazon'}, {'symbol': 'NYSE:SNAP', 'base_logoid': 'snap'}, {'symbol': 'KRX:005930', 'base_logoid': 'samsung'}] | /news/reuters.com,2024:newsml_L4N3K10XH:0/ | JA | (この記事は機械による翻訳・配信です。)ブロックチェーンと人工知能を統合する新興企業Sahara AIは水曜日、ベンチャーキャピタル投資家のPantera Capital、Binance Labs、Polychain Capitalが主導する資金調達ラウンドで4300万ドルを調達したと発表した。 シリーズAの資金調達では、アーリーステージ投資家のマトリックス・パートナーズ、暗号投資ファンドのdao5、ベンチャーファンドのGeekcartelなどとともに、サムスン・ネクストからの 投資も行われた。 同社は最新ラウンドの評価額を公表していない。なぜ重要なのか Sahara AIは、その分散型ブ… | (この記事は機械による翻訳・配信です。)
ブロックチェーンと人工知能を統合する新興企業Sahara AIは水曜日、ベンチャーキャピタル投資家のPantera Capital、Binance Labs、Polychain Capitalが主導する資金調達ラウンドで4300万ドルを調達したと発表した。
シリーズAの資金調達では、アーリーステージ投資家のマトリックス・パートナーズ、暗号投資ファンドのdao5、ベンチャーファンドのGeekcartelなどとともに、サムスン・ネクストからの 投資も行われた。
同社は最新ラウンドの評価額を公表していない。
なぜ重要なのか
Sahara AIは、その分散型ブロックチェーンプラットフォームを通じて、生成AIの成功に不可欠なユーザー、データソース、AIトレーナーに報いることを目指している。
同社はこの資金を、グローバルチームの拡大、プラットフォームの性能強化、開発者エコシステムの成長に充てる意向だ。
2023年4月の創業以来、サハラAIはマイクロソフト NASDAQ:MSFT、アマゾン NASDAQ:AMZN、スナップ NYSE:SNAPなど、著名なテック企業数社と協業してきた。
背景
データは、人間のような創造を生み出すジェネレーティブAIの構成要素を形成しているが、データの公正使用、著作権、プライバシーの問題に対する懸念から、この急成長分野は精査の対象となっている。
一方、暗号とブロックチェーンの分野も、業界のボラティリティによる長期の低迷の後、ビットコイン価格が上昇する中で、今年、個人投資家から大きな関心を集めている。
主な引用
「ユーザー独自のモデルやエージェントが中央集権的なAIプロバイダーによってどのように利用されるかについて、透明性がないことが多く、ユーザーの貢献に対する保護や補償もない」と、サハラAIの共同設立者兼CEOのショーン・レン氏はロイターに語った。
「著作権、プライバシー、リソースへのアクセス、経済的不均衡をめぐる倫理的懸念は、AIがより広く採用され、能力を発揮するようになるにつれて高まり続けている」。
| stocks | null | null | null |
tag:reuters.com,2024:newsml_L4N3K01JQ:0 | MSFT | Decentralized AI network Sahara raises fresh capital in Samsung NEXT-backed round | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-14T11:00:00+00:00 | https://www.tradingview.com/news/reuters.com,2024:newsml_L4N3K01JQ:0-decentralized-ai-network-sahara-raises-fresh-capital-in-samsung-next-backed-round/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:AMZN', 'base_logoid': 'amazon'}, {'symbol': 'NYSE:SNAP', 'base_logoid': 'snap'}, {'symbol': 'KRX:005930', 'base_logoid': 'samsung'}] | /news/reuters.com,2024:newsml_L4N3K01JQ:0-decentralized-ai-network-sahara-raises-fresh-capital-in-samsung-next-backed-round/ | EN | Sahara AI, a startup integrating the blockchain and artificial intelligence, said on Wednesday it raised $43 million in a funding round led by venture capital investors Pantera Capital, Binance Labs and Polychain Capital.The series A funding also drew investments from Samsung NEXT alongside early-s… | Sahara AI, a startup integrating the blockchain and artificial intelligence, said on Wednesday it raised $43 million in a funding round led by venture capital investors Pantera Capital, Binance Labs and Polychain Capital.
The series A funding also drew investments from Samsung NEXT alongside early-stage investor Matrix Partners, crypto investment fund dao5 and venture fund Geekcartel, among others.
The company did not disclose the valuation at which the latest round was raised.
WHY IT'S IMPORTANT
Sahara AI aims to reward the users, data sources, and AI trainers crucial to the success of generative AI through its decentralized blockchain platform, unlike the current model which typically benefits the company that created it.
The company intends to use the funds to expand its global team, enhance the performance of its platform and grow its developer ecosystem.
Since its founding in April 2023, Sahara AI has collaborated with several high-profile tech firms including Microsoft NASDAQ:MSFT, Amazon NASDAQ:AMZN and Snap NYSE:SNAP.
CONTEXT
Data forms the building block of generative AI to produce human-like creation, but the booming sector has come under scrutiny over concerns over fair use of data, copyright and privacy issues.
Meanwhile, the crypto and blockchain sector has also drawn significant interest from private investors this year amid a rally in the price of bitcoin after a prolonged dry spell due to industry volatility.
KEY QUOTES
"There is often no transparency on how users' proprietary models and agents are used by these centralized AI providers, and no protection or compensation for users' contributions," Sahara AI's co-Founder and CEO Sean Ren told Reuters.
"Ethical concerns over copyright, privacy, resource access, and economic imbalances continue to grow as AI becomes more widely adopted and capable."
| stocks | null | null | null |
tag:reuters.com,2024:newsml_L4N3K10U8:0 | 7203 | NHTSA closes preliminary investigation into 1.8 mln Toyota SUVs | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-14T10:12:54+00:00 | https://www.tradingview.com/news/reuters.com,2024:newsml_L4N3K10U8:0-nhtsa-closes-preliminary-investigation-into-1-8-mln-toyota-suvs/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'TSE:7203', 'base_logoid': 'toyota'}] | /news/reuters.com,2024:newsml_L4N3K10U8:0-nhtsa-closes-preliminary-investigation-into-1-8-mln-toyota-suvs/ | EN | The National Highway Traffic Safety Administration said on Wednesday that it closed a preliminary investigation into about 1.8 million Toyota TSE:7203 RAV4 SUVs over concerns related to short circuits in battery terminals.The probe focused on contributing factors and frequency of fires originating… | The National Highway Traffic Safety Administration said on Wednesday that it closed a preliminary investigation into about 1.8 million Toyota TSE:7203 RAV4 SUVs over concerns related to short circuits in battery terminals.
The probe focused on contributing factors and frequency of fires originating from the battery region in the engine compartment in RAV4 crossovers from model years 2013-2018, the U.S. auto safety regulator said in a statement.
"The reported fires took place in vehicles known to contain aftermarket batteries or whose age exceeded the expected life of the original equipment battery," NHTSA added.
The regulator identified a few parts in the engine bay as the main factors causing the contact between the battery hold down bracket and the positive terminal of the 12V battery.
| stocks | null | null | null |
tag:reuters.com,2024:newsml_FWN3K1149:0 | 7203 | NHTSA Says Closes Preliminary Evaluation Into Est 1,862,103 Toyota RAV4 Vehicles That Was Opened Over Battery Terminal Shorts | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-14T09:42:30+00:00 | https://www.tradingview.com/news/reuters.com,2024:newsml_FWN3K1149:0-nhtsa-says-closes-preliminary-evaluation-into-est-1-862-103-toyota-rav4-vehicles-that-was-opened-over-battery-terminal-shorts/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'TSE:7203', 'base_logoid': 'toyota'}] | /news/reuters.com,2024:newsml_FWN3K1149:0-nhtsa-says-closes-preliminary-evaluation-into-est-1-862-103-toyota-rav4-vehicles-that-was-opened-over-battery-terminal-shorts/ | EN | null | NHTSA - CLOSES PRELIMINARY EVALUATION INTO EST 1,862,103 TOYOTA RAV4 VEHICLES THAT WAS OPENED OVER BATTERY TERMINAL SHORTS
| stocks | null | null | null |
tag:reuters.com,2024:newsml_L4N3K10MU:0 | MSFT | ノルウェーのウェルス・ファンド、上半期に1,380億ドルの利益を計上 AI需要がハイテクを後押し | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-14T08:19:51+00:00 | https://ja.tradingview.com/news/reuters.com,2024:newsml_L4N3K10MU:0/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:AAPL', 'base_logoid': 'apple'}, {'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}] | /news/reuters.com,2024:newsml_L4N3K10MU:0/ | JA | 世界最大の1兆7000億ドル規模のノルウェーの政府系ファンドであるノルウェー・ソブリン・ウェルス・ファンドは 水曜日、 世界的な 株式市場の上昇を受け、今年上半期に1兆4800億ノルウェー・クローナ（(1380億ドル)）の利益を計上したと発表した 。 同ファンドの株式ポートフォリオは1月から6月までの期間に12.5％のリターンを上げたが、債券と不動産資産はそれぞれ0.6％と0.5％の損失を出した。 ニコライ・タンゲン最高経営責任者（CEO）は声明の中で、「人工知能の新しいソリューションに対する需要の高まりにより、この結果は主にテクノロジー銘柄に牽引された」と述べた。 ファンドが保有するマイ… | 世界最大の1兆7000億ドル規模のノルウェーの政府系ファンドであるノルウェー・ソブリン・ウェルス・ファンドは 水曜日、 世界的な 株式市場の上昇を受け、今年上半期に1兆4800億ノルウェー・クローナ（(1380億ドル)）の利益を計上したと発表した 。
同ファンドの株式ポートフォリオは1月から6月までの期間に12.5％のリターンを上げたが、債券と不動産資産はそれぞれ0.6％と0.5％の損失を出した。
ニコライ・タンゲン最高経営責任者（CEO）は声明の中で、「人工知能の新しいソリューションに対する需要の高まりにより、この結果は主にテクノロジー銘柄に牽引された」と述べた。
ファンドが保有するマイクロソフト NASDAQ:MSFTの1.28％の株式は、6月末時点で4538億クローナ相当の唯一最も価値のある保有株であり、次いでアップル NASDAQ:AAPLの株式が3908億クローナ、エヌビディア NASDAQ:NVDAが3770億クローナであった。
上半期のファンド全体のリターンは8.6％だったが、ベンチマーク・インデックスをわずかに下回った。
ノルウェー国営の石油・ガス生産収入を投資対象とする同ファンドは、世界最大級の投資家であり、世界の全上場株式の平均1.5％を保有している。債券、不動産、再生可能エネルギー・プロジェクトにも投資している。
未上場の再生可能エネルギー・インフラの小規模ポートフォリオは、2024年上半期に18％の損失を計上したという。
(ドル＝10.7122ノルウェー・クラウン)
| stocks | null | null | null |
tag:reuters.com,2024-08-14:newsml_Wkr458BMT:0 | MSFT | Flexion and King Team Up to Launch First Game on Alternative App Stores | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-14T06:00:13+00:00 | https://www.tradingview.com/news/reuters.com,2024-08-14:newsml_Wkr458BMT:0-flexion-and-king-team-up-to-launch-first-game-on-alternative-app-stores/ | Copyright Waymaker BIT News - Cision 2024 | [{'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}] | /news/reuters.com,2024-08-14:newsml_Wkr458BMT:0-flexion-and-king-team-up-to-launch-first-game-on-alternative-app-stores/ | EN | Flexion MobileLONDON - 14 August, 2024 - Flexion (NASDAQ:FLEXM.ST), the games marketing company, has launched King's global hit game Candy Crush Saga© on the alternative app stores: Huawei App Gallery, Samsung Galaxy Store, Xiaomi GetApps and ONE store.Flexion's distribution services will help enab… | Flexion MobileLONDON - 14 August, 2024 - Flexion (NASDAQ:FLEXM.ST), the games marketing company, has launched King's global hit game Candy Crush Saga© on the alternative app stores: Huawei App Gallery, Samsung Galaxy Store, Xiaomi GetApps and ONE store.
Flexion's distribution services will help enable King to reach new players from alternative app stores.
"We are delighted that King chose Flexion, and it's an honour to take one of the world's most successful mobile games to the alternative app stores," says Jens Lauritzson, CEO of Flexion. "Our approach provides King with an easy, robust and low risk path to accessing the alternative app stores, while helping them to add revenue and audiences for their phenomenally successful game."
For more information
Scott Johnston, Email: scott.johnston@flexionmobile.com
About Flexion
Flexion grows revenue and audiences for games. Our mission is to become the leading games marketing company. We offer unique game distribution and influencer marketing services to top grossing developers around the world. Flexion boosts game revenue and audiences for games by maximising their performance in new alternative app stores, including the Amazon, Samsung, Huawei, Xiaomi and ONE Stores. In 2022, the company acquired Audiencly GmbH, a leading game influencer marketing agency. Flexion Mobile Plc is listed on Nasdaq First North Growth Market, Shortname: FLEXM. Certified Adviser is FNCA Sweden AB. http://flexion.games
About King
With a mission of Making the World Playful, King is a leading interactive entertainment company with more than 20 years of history of delivering some of the world's most iconic games in the mobile gaming industry, including the world-famous Candy Crush© franchise, as well as other mobile game hits such as Farm Heroes Saga©. Candy Crush has been the top-grossing franchise in U.S. app stores for six years, and King games are played by more than 200 million monthly active users. King, a part of Activision Blizzard which was acquired by Microsoft NASDAQ:MSFT, has game studios in Stockholm, Malmö, London, Barcelona and Berlin and offices in Dublin, San Francisco, New York, Los Angeles and Malta. More information can be found at King.com or by following us on LinkedIn, @lifeatking on Instagram, or @king_games on X.
https://news.cision.com/flexion-mobile/r/flexion-and-king-team-up-to-launch-first-game-on-alternative-app-stores%2Cc4023744
Release
| stocks | null | null | null |
benzinga:f03eb1f47094b:0 | QQQ | Stocks Now Dismiss Recession Fears, But Bond Markets Tell Investors To Stay On Alert | benzinga | https://benzinga.com/ | 2024-08-13T22:43:28+00:00 | https://www.tradingview.com/news/benzinga:f03eb1f47094b:0-stocks-now-dismiss-recession-fears-but-bond-markets-tell-investors-to-stay-on-alert/ | null | [{'symbol': 'AMEX:SPY', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}] | /news/benzinga:f03eb1f47094b:0-stocks-now-dismiss-recession-fears-but-bond-markets-tell-investors-to-stay-on-alert/ | EN | After a sharp sell-off in early August, triggered by weaker-than-expected economic data, equity markets have staged a substantial rally. The S&P 500 Index, as tracked by the SPDR S&P 500 ETF Trust AMEX:SPY recovered more than half of the decline witnessed earlier this month. The tech-heavy Nasdaq 1… | After a sharp sell-off in early August, triggered by weaker-than-expected economic data, equity markets have
The S&P 500 Index, as tracked by the SPDR S&P 500 ETF Trust AMEX:SPY recovered more than half of the decline witnessed earlier this month. The tech-heavy Nasdaq 100, monitored through the Invesco QQQ Trust NASDAQ:QQQ, has fared even better, recovering nearly 70% of August losses.
This resurgence was bolstered by better-than-expected services survey data and a drop in jobless claims, which helped ease recession fears.
However, despite this positive momentum, recession risks remain, at least according to several economic models.
Bond Market Flashing Recession Warnings
The New York Federal Reserve’s recession probability model, which relies on the Treasury spread between the 10-year bond rate and the three-month bill rate, currently suggests a 56% chance of a recession within the next 12 months.
This figure has garnered attention, as bond market signals are often viewed as more reliable indicators of economic downturns than stock market movements.
In response to cooler-than-expected jobs data, Goldman Sachs increased its 12-month recession odds by 10 percentage points to 25%. JPMorgan Chase has similarly raised its recession probability to 31%, up from 20% at the end of March, citing a sharp repricing in U.S. Treasuries.
The yield on the 10-year Treasury note has fallen to 3.85% on track for its fourth straight month of declines. Short-dated yields, which are more sensitive to interest rate expectations, have fallen by nearly 40 basis points month to date, after tumbling by 50 basis points last month.
The Fed’s Wildcard To Escape A Recession
Investors are increasingly speculating that the Federal Reserve will step in with rate cuts if the economy shows signs of faltering.
The CME Group's FedWatch Tool currently prices in a 55% chance of a 50-basis-point rate cut next month, following cooler-than-expected producer inflation data.
However, as Goldman Sachs highlighted, the Fed has historically delivered larger rate cuts during clear economic crises or significant negative shocks, especially when jobless claims have surged — conditions that are not currently evident.
Investor Sentiment: A Cautious Shift
The Bank of America Global Fund Manager Survey highlights a shift in investor sentiment, with cash levels rising and optimism about capital expenditures falling to a nine-month low.
While a majority of investors — 76% — still believe in a “soft landing” scenario for the economy, there is growing concern that the Fed may need to cut rates more aggressively to stave off a recession.
The survey also reveals a rotation into bonds, with allocation to fixed-income assets rising to a net 8% overweight, the highest since December 2023. Conversely, allocation to equities has dropped to a net 11% overweight, the lowest since January 2024, signaling a more cautious approach among investors.
Read Now:
Photo: Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
benzinga:892a350fd094b:0 | QQQ | What's Going On With Amazon? Strong Consumer Spending Environment Bodes Well For E-Commerce Stock | benzinga | https://benzinga.com/ | 2024-08-13T19:10:38+00:00 | https://www.tradingview.com/news/benzinga:892a350fd094b:0-what-s-going-on-with-amazon-strong-consumer-spending-environment-bodes-well-for-e-commerce-stock/ | null | [{'symbol': 'NASDAQ:AMZN', 'base_logoid': 'amazon'}, {'symbol': 'AMEX:SPY', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}] | /news/benzinga:892a350fd094b:0-what-s-going-on-with-amazon-strong-consumer-spending-environment-bodes-well-for-e-commerce-stock/ | EN | Amazon.com Inc NASDAQ:AMZN shares are trading higher following a lower-than-expected July Producer Price Index (PPI) report.What Happened: The July PPI, a key measure of inflation at the wholesale level, rose by just 0.1% month-over-month — a deceleration from June's 0.2% and falling short of the a… | Amazon.com Inc NASDAQ:AMZN shares are trading higher following a lower-than-expected .
What Happened: The July PPI, a key measure of inflation at the wholesale level, rose by just 0.1% month-over-month — a deceleration from June's 0.2% and falling short of the anticipated 0.2% increase. Annually, the PPI climbed by 2.2%, down from 2.7% in June and below the projected 2.3%.
This tepid inflation data has led traders to increase their expectations for a more substantial rate cut by the Federal Reserve. Before the , the market was already forecasting a 52% probability of a 50-basis-point rate cut in September, but this probability has since risen to 55% following the report.
Read Also:
Such expectations are likely to have a positive impact on Amazon's stock. A larger rate cut would lower borrowing costs for consumers and businesses alike, potentially boosting consumer spending and investment. For Amazon, this could translate into increased consumer purchases and higher revenues, as lower interest rates tend to stimulate economic activity.
The company's stock typically benefits from a stronger consumer spending environment, which is bolstered when economic conditions are favorable and credit is more accessible.
What Else: In the broader market, the news saw futures for major indices like the SPDR S&P 500 ETF Trust AMEX:SPY and Invesco QQQ Trust, Series 1 NASDAQ:QQQ rising, reflecting the overall bullish sentiment. U.S. Treasury bonds also gained, indicating increased investor appetite for safer assets amidst the expectation of looser monetary policy.
As the market anticipates the upcoming Consumer Price Index (CPI) report on Wednesday, which is expected to show a slight decrease in inflation, the prospect of further Fed rate cuts could continue to drive positive sentiment across equities, including Amazon.
Investors will be closely watching the CPI data to gauge whether it reinforces the case for a larger rate reduction, which could further support stock prices and economic growth.
Read Also: What’s Going On With Carvana Stock Tuesday?
How To Buy Amazon Stock: Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here.
Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share.
However, if you only want to invest a fraction of that, brokerages will allow you to do so.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource.
Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
Price Action: According to data from Benzinga Pro, AMZN has a 52-week high of $201.20 and a 52-week low of $118.35. It’s currently up by more than 2%, trading at around $170.25 per share.
Read Next:
Yum China Serves Up Profit, Margin Growth Despite Challenging Consumer Landscape© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
tag:reuters.com,2024-08-13:newsml_NFC5PCd9t:0 | 7203 | DEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Toyota | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-13T18:09:00+00:00 | https://www.tradingview.com/news/reuters.com,2024-08-13:newsml_NFC5PCd9t:0-deadline-reminder-faruqi-faruqi-llp-investigates-claims-on-behalf-of-investors-of-toyota/ | null | [{'symbol': 'NYSE:TM', 'base_logoid': 'toyota'}] | /news/reuters.com,2024-08-13:newsml_NFC5PCd9t:0-deadline-reminder-faruqi-faruqi-llp-investigates-claims-on-behalf-of-investors-of-toyota/ | EN | Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Toyota To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Toyota between June 25, 2022 and June 2, 2024 and would like to dis… | Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Toyota To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Toyota between June 25, 2022 and June 2, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/TM.
New York, New York--(Newsfile Corp. - August 13, 2024) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Toyota Motor Corporation ("Toyota" or the "Company") NYSE:TM and reminds investors of the August 23, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, this Complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about the Company's business and operations. Specifically, Defendants misrepresented and/or failed to disclose that: (1) Toyota understated its malfeasance relating to certification of its cars and issues relating to overall legal compliance; and (2) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
On June 3, 2024, The New York Times published an article entitled "Toyota and Other Japanese Carmakers Say They Mishandled Safety Tests." This article stated, in pertinent part, that "Toyota [. . .] and other top Japanese automakers said on Monday that internal investigations found they had mishandled vehicle testing on dozens of models over the past decade." Further, "Toyota said it had failed to gather proper data when doing pedestrian and occupant safety tests for three models, including its popular Yaris Cross sport utility vehicle."
On this news, Toyota's American Depositary Shares ("ADSs") fell $5.34 per ADS, or 2.45%, to close at $212.17 per ADS on June 3, 2024.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Toyota's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Toyota class action, go to www.faruqilaw.com/TM or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219727
| stocks | null | null | null |
benzinga:955bfd5e4094b:0 | QQQ | What's Going On With Netflix Stock? | benzinga | https://benzinga.com/ | 2024-08-13T17:59:07+00:00 | https://www.tradingview.com/news/benzinga:955bfd5e4094b:0-what-s-going-on-with-netflix-stock/ | null | [{'symbol': 'NASDAQ:NFLX', 'base_logoid': 'netflix'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}] | /news/benzinga:955bfd5e4094b:0-what-s-going-on-with-netflix-stock/ | EN | Netflix Inc NASDAQ:NFLX shares have gained 2.28%, reaching $647.55 in Tuesday’s trading session. The lower-than-expected Producer Price Index (PPI) for July has sparked optimism about a potential larger Federal Reserve interest rate cut, which has positively impacted Netflix’s stock.The PPI rose ju… | Netflix Inc NASDAQ:NFLX shares have gained 2.28%, reaching $647.55 in Tuesday’s trading session. The lower-than-expected Producer Price Index (PPI) for July has sparked optimism about a potential larger Federal Reserve , which has positively impacted Netflix’s stock.
The PPI rose just 0.1% month-over-month, below the forecasted 0.2% increase, indicating softer inflation pressures. This could lead to a more significant Fed rate cut next month, reducing borrowing costs for companies.
For Netflix, a larger rate cut could make financing for new content and technology investments cheaper and more accessible. This is crucial as Netflix continues to invest heavily in to attract and retain subscribers.
Lower interest rates also generally boost consumer spending power, potentially leading to increased subscriptions and engagement with streaming services like Netflix.
Additionally, the broader market reaction saw tech stocks, including Netflix, rise. The Invesco QQQ Trust, Series 1 NASDAQ:QQQ, reflecting technology shares, climbed 1.7% following the PPI report. This positive movement in tech stocks typically benefits Netflix, aligning with broader market trends.
Read Also:
How To Buy NFLX Stock
Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.
For example, in Netflix’s case, it is in the Communication Services sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from Benzinga Pro, NFLX has a 52-week high of $697.47 and a 52-week low of $344.73.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
benzinga:90da0e337094b:0 | QQQ | Tech Stocks Soar, Treasury Yields Fall On Cool Inflation Data; Starbucks Rockets, Chipotle Plummets: What's Driving Markets Tuesday? | benzinga | https://benzinga.com/ | 2024-08-13T16:55:01+00:00 | https://www.tradingview.com/news/benzinga:90da0e337094b:0-tech-stocks-soar-treasury-yields-fall-on-cool-inflation-data-starbucks-rockets-chipotle-plummets-what-s-driving-markets-tuesday/ | null | [{'symbol': 'AMEX:SPY', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'AMEX:DIA', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}, {'symbol': 'AMEX:IWM', 'base_logoid': 'ishares'}, {'symbol': 'AMEX:XLK', 'base_logoid': 'sector/technology'}, {'symbol': 'AMEX:XLE', 'base_logoid': 'sector/energy'}, {'symbol': 'NASDAQ:SBUX', 'base_logoid': 'starbucks'}, {'symbol': 'NYSE:CMG', 'base_logoid': 'chipotle-mexican-grill'}, {'symbol': 'NYSE:HD', 'base_logoid': 'home-depot'}, {'symbol': 'NYSE:ONON', 'base_logoid': 'on-holding'}, {'symbol': 'NYSE:LOAR', 'base_logoid': 'loar'}, {'symbol': 'NYSE:PACS', 'base_logoid': 'pacs'}, {'symbol': 'NASDAQ:DYN', 'base_logoid': 'dyne-therapeutics'}, {'symbol': 'NASDAQ:TLN', 'base_logoid': 'talen-energy'}, {'symbol': 'NYSE:NU', 'base_logoid': 'nu-holdings'}, {'symbol': 'NASDAQ:XP', 'base_logoid': 'xp'}] | /news/benzinga:90da0e337094b:0-tech-stocks-soar-treasury-yields-fall-on-cool-inflation-data-starbucks-rockets-chipotle-plummets-what-s-driving-markets-tuesday/ | EN | A wave of bullish sentiment swept through Wall Street on Tuesday after lower-than-expected producer inflation data solidified expectations for Federal Reserve rate cuts, prompting speculators to increase bets on a more significant 50-basis-point move.The Producer Price Index (PPI) edged higher by o… | A wave of bullish sentiment swept through Wall Street on Tuesday after lower-than-expected producer inflation data solidified expectations for Federal Reserve rate cuts, prompting speculators to increase bets on a more significant
The Producer Price Index (PPI) edged higher by only 0.1% from the previous month, falling short of the anticipated 0.2% increase, and marked a 2.2% rise year-over-year, down from
Traders adjusted their bets on a September rate cut, now assigning a higher probability to a larger 50-basis-point cut at 55% compared to a 45% chance for a smaller 25-basis-point reduction.
The S&P 500 rose 1.1%, the Nasdaq climbed 1.8% and the Dow Jones gained 250 points or 0.6% by midday trading in New York.
Treasury yields fell across all maturities, with the rate-sensitive two-year yield declining by 6 basis points. The U.S. dollar index lost ground against other major currencies and fell 0.3% against the Japanese yen.
Commodities took a breather after Monday’s strong gains, driven by escalating geopolitical risks in the Middle East. Oil prices retreated by 1.8%, pulling energy stocks lower, while gold remained steady, hovering just under 1% below its record highs.
Bitcoin rose 0.6%, eyeing the second-straight session of gains.
Tuesday’s Performance In Major US Indices, ETFs
Major IndicesPrice1-day %chgNasdaq 10018,873.071.8%S&P 5005,409.011.2%Russell 20002,082.911.1%Dow Jones39,608.080.6%According to Benzinga Pro data:
The SPDR S&P 500 ETF Trust AMEX:SPY rose 1.1% to $539.43.The SPDR Dow Jones Industrial Average AMEX:DIA was trading 0.7% higher to $396.47.The tech-heavy Invesco QQQ Trust Series NASDAQ:QQQ rallied 1.9% to $460.05.The iShares Russell 2000 ETF AMEX:IWM tumbled 1.1% to $206.85.The Technology Select Sector SPDR Fund AMEX:XLK outperformed, up by 2.5%. The Energy Select Sector SPDR Fund AMEX:XLE lagged, down by 0.9%.Monday’s Stock Movers
Starbucks Corp. NASDAQ:SBUX skyrocketed over 20% following the announcement that Brian Niccol will take the helm as the company’s new CEO, departing from Chipotle Mexican Grill Inc. NYSE:CMG. The reaction marked the strongest one-day surge since the coffee-chain giant went public in 1993.Shares of CMG plummeted over 9%. The company appointed former chief operating officer Scott Boatwright as interim CEO. Home Depot, Inc. NYSE:HD rose over 2% after reporting stronger-than-expected revenue and profits last quarter. Other stocks reacting to company earnings reports included On Holding AG NYSE:ONON, up 7.4%, Loar Holdings Inc. NYSE:LOAR, up 15.4%, Pacs Group Inc. NYSE:PACS, up nearly 16%, Dyne Therapeutics Inc. NASDAQ:DYN, down 0.2% and Talen Energy Corp. NASDAQ:TLN up 6.7%.Companies slated to report after the close include Nu Holdings Ltd. NYSE:NU and XP Inc. NASDAQ:XPPhoto via Shutterstock.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |
tag:reuters.com,2024:newsml_L4N3K01I4:0 | MSFT | クラウドストライクはIT障害後の潜在的訴訟において限定的な責任しか負わないとモルガン・スタンレーが発表 | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-13T15:56:18+00:00 | https://ja.tradingview.com/news/reuters.com,2024:newsml_L4N3K01I4:0/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'NYSE:DAL', 'base_logoid': 'delta-air-lines'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:CRWD', 'base_logoid': 'crowdstrike'}] | /news/reuters.com,2024:newsml_L4N3K01I4:0/ | JA | * *サイバーセキュリティ企業クラウドストライク >の株価は、 245.55ドルで2.6％上昇。 ** 証券会社モルガン・スタンレーは、法律専門家との会話から、世界的なIT障害後の訴訟の可能性において、CRWDの責任は限定的であることを示唆していると述べている。 ** CRWDの契約は、技術停止のような状況をカバーする傾向がある。 ** 例外は、デルタ航空 NYSE:DALがCRWDに代わって重大な過失や不法行為を証明できた場合である。 ** 先週、DALはCRWDとマイクロソフト NASDAQ:MSFTに対して法的請求（(link)）を行っていると発表した。先月発生した世界的な障害（(l… | * *サイバーセキュリティ企業クラウドストライク >の株価は、 245.55ドルで2.6％上昇。
** 証券会社モルガン・スタンレーは、法律専門家との会話から、世界的なIT障害後の訴訟の可能性において、CRWDの責任は限定的であることを示唆していると述べている。
** CRWDの契約は、技術停止のような状況をカバーする傾向がある。
** 例外は、デルタ航空 NYSE:DALがCRWDに代わって重大な過失や不法行為を証明できた場合である。
** 先週、DALはCRWDとマイクロソフト NASDAQ:MSFTに対して法的請求（(link)）を行っていると発表した。先月発生した世界的な障害（(link)）により、大量のフライトキャンセルが発生した。
** CRWDの最近の障害による影響は、デルタ航空以外の多くの顧客にとって、全体的に「はるかに意味のない」ものであった。
** ブローカーは、CRWDの財務上の影響は、特にいくつかのサービスクレジットと契約の譲歩に限定される可能性が高いと述べている。
** 直近の終値まで、CRWDは前年同期比6％下落
| stocks | null | null | null |
tag:reuters.com,2024:newsml_L4N3K01HT:0 | MSFT | CrowdStrike has limited liability in potential lawsuit after IT outage, Morgan Stanley says | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-13T15:56:14+00:00 | https://www.tradingview.com/news/reuters.com,2024:newsml_L4N3K01HT:0-crowdstrike-has-limited-liability-in-potential-lawsuit-after-it-outage-morgan-stanley-says/ | Copyright Thomson Reuters 2024. Click For Restrictions - https://agency.reuters.com/en/copyright.html | [{'symbol': 'NASDAQ:CRWD', 'base_logoid': 'crowdstrike'}, {'symbol': 'NYSE:DAL', 'base_logoid': 'delta-air-lines'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}] | /news/reuters.com,2024:newsml_L4N3K01HT:0-crowdstrike-has-limited-liability-in-potential-lawsuit-after-it-outage-morgan-stanley-says/ | EN | ** Shares of cybersecurity firm CrowdStrike NASDAQ:CRWD up 2.6% at $245.55 ** Brokerage Morgan Stanley says its conversations with legal experts suggest limited liability for CRWD in a potential lawsuit after global IT outage** CRWD's contracts tend to cover situations like technology outages - bro… | ** Shares of cybersecurity firm CrowdStrike NASDAQ:CRWD up 2.6% at $245.55
** Brokerage Morgan Stanley says its conversations with legal experts suggest limited liability for CRWD in a potential lawsuit after global IT outage
** CRWD's contracts tend to cover situations like technology outages - brokerage
** The exception would be if Delta Air Lines NYSE:DAL could prove gross negligence or misconduct on CRWD's behalf; this may be difficult to prove, given industry standards for software updates appear to have been followed - brokerage
** Last week, DAL said it was pursuing legal claims against CRWD and Microsoft NASDAQ:MSFT after a global outage last month caused mass flight cancellations
** Impacts from CRWD's recent outage were overall "far less meaningful" for many customers, besides Delta - brokerage
** Brokerage says financial impact for CRWD likely to be limited to some service credits and contract concessions, among others
** Up to last close, CRWD down ~6% YTD
| stocks | null | null | null |
tag:reuters.com,2024-08-13:newsml_RSM3127Aa:0 | MSFT | REG - F&C Investment Trust - Portfolio Update | reuters | https://www.tradingview.com/news/providers/reuters/ | 2024-08-13T15:35:34+00:00 | https://www.tradingview.com/news/reuters.com,2024-08-13:newsml_RSM3127Aa:0-reg-f-c-investment-trust-portfolio-update/ | null | [{'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NYSE:LLY', 'base_logoid': 'eli-lilly'}, {'symbol': 'LSE:FCIT', 'base_logoid': 'f-and-c-investment-trust-plc-ord-25p'}] | /news/reuters.com,2024-08-13:newsml_RSM3127Aa:0-reg-f-c-investment-trust-portfolio-update/ | EN | RNS Number : 3127A F&C Investment Trust PLC 13 August 2024 F&C INVESTMENT TRUST PLCLEI: 213800W6B18ZHTNG7371All data as at 31 July 2024This data will shortly be available on the Company's website fandc.comThis information is provided by RNS, the news service of the London Stock Exchange. RNS is… | RNS Number : 3127A F&C Investment Trust PLC 13 August 2024 F&C INVESTMENT TRUST PLC
LEI: 213800W6B18ZHTNG7371
All data as at 31 July 2024
This data will shortly be available on the Company's website fandc.com
Twenty Largest Listed Equity Holdings
%
Nvidia
3.4
Microsoft
3.2
Alphabet
2.0
Amazon
1.9
Apple
1.8
Broadcom
1.3
Mastercard
1.2
Meta Platforms
1.2
Eli Lilly
1.0
Taiwan Semiconductor Manufacturing Company
0.9
Comcast
0.8
Marathon Petroleum
0.8
Booking Holdings
0.8
Lowe's Companies
0.7
American Tower
0.7
Visa
0.7
Wells Fargo
0.6
Morgan Stanley
0.6
Oracle
0.6
Bristol Myers Squibb
0.6
Total
24.8
Asset Allocation
%
UK Equity
9.1
Europe ex UK Equity
10.0
North America Equity
61.8
Japan Equity
6.2
Pacific ex Japan Equity
3.4
Emerging Markets Equity
7.2
Liquidity
2.3
Total
100.0
Note: All percentages are based on Gross Assets. Figures are subject to rounding.
Net Gearing
4%
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END PFUBUGDISXBDGSX
| stocks | null | null | null |
benzinga:fad22564f094b:0 | QQQ | Pay Attention: Inflation Headline Is Misleading, Home Depot Earnings Show Consumer Weakness | benzinga | https://benzinga.com/ | 2024-08-13T15:09:13+00:00 | https://www.tradingview.com/news/benzinga:fad22564f094b:0-pay-attention-inflation-headline-is-misleading-home-depot-earnings-show-consumer-weakness/ | null | [{'symbol': 'NYSE:HD', 'base_logoid': 'home-depot'}, {'symbol': 'NASDAQ:AAPL', 'base_logoid': 'apple'}, {'symbol': 'NASDAQ:AMZN', 'base_logoid': 'amazon'}, {'symbol': 'NASDAQ:GOOG', 'base_logoid': 'alphabet'}, {'symbol': 'NASDAQ:META', 'base_logoid': 'meta-platforms'}, {'symbol': 'NASDAQ:MSFT', 'base_logoid': 'microsoft'}, {'symbol': 'NASDAQ:NVDA', 'base_logoid': 'nvidia'}, {'symbol': 'NASDAQ:TSLA', 'base_logoid': 'tesla'}, {'symbol': 'AMEX:SPY', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'NASDAQ:QQQ', 'base_logoid': 'invesco'}, {'symbol': 'AMEX:GLD', 'base_logoid': 'spdr-sandp500-etf-tr'}, {'symbol': 'AMEX:SLV', 'base_logoid': 'ishares'}, {'symbol': 'AMEX:USO', 'base_logoid': 'uscf-fund'}] | /news/benzinga:fad22564f094b:0-pay-attention-inflation-headline-is-misleading-home-depot-earnings-show-consumer-weakness/ | EN | To gain an edge, this is what you need to know today.Misleading HeadlinePlease click here for an enlarged chart of Home Depot Inc NYSE:HD.Note the following:Magnificent Seven Money FlowsIn the early trade, money flows are positive in Apple Inc NASDAQ:AAPL, Amazon.com, Inc. NASDAQ:AMZN, Alphabet Inc… | To gain an edge, this is what you need to know today.
Misleading Headline
Please click here for an enlarged chart of Home Depot Inc NYSE:HD.
Note the following:
This article is about the big picture, not an individual stock. The chart of HD stock is being used to illustrate the point.Home Depot is an important stock because it is the largest home improvement retailer and its earnings give a glimpse into consumer sentiment. HD is also a component of the Dow Jones Industrial Average (DJIA).The chart shows that HD pulled back 20% from its high in March to its low in May.The chart shows that the rally from the low has made a double top. A double top is a negative pattern.The chart shows that the double top was made at a level significantly below the high. This is a negative.The chart shows the price drop on earnings.HD reported good earnings but the stock is falling on weaker comp sales outlook. The weaker comp sales outlook shows that the consumer is weakening. Here are the details: HD sees FY24 comp sales down 3% – 4% vs. down 1% prior.HD reports adjusted EPS of $4.67 vs. $4.49 consensus.HD reports revenues of $43.18B vs. $43.06B consensus. RSI on the chart shows that HD stock is now oversold.On the surface, Producer Price Index (PPI) came weaker than expected. Here are the details: Headline PPI came at 0.1% vs. 0.1% consensus.Core PPI came at 0.0% vs. 0.2% consensus. As of this writing, the stock market is running up focusing on PPI headline. However, in The Arora Report analysis, digging below the surface, the data is not as good as it seems. PPI ex-food, energy, and trade came at 0.3% vs. 0.2% consensus. This indicates the companies' profit margins are compressing and in actuality, inflation is higher than reflected in the headline. In The Arora Report analysis, compression in margins has a negative read through for earnings. This data, along with several other pieces of data, is indicating that Wall Street's estimates for future earnings may be too high. Prudent investors know that in the long run, earnings are the single best determinant of the stock market.Consumer Price Index (CPI) will be released tomorrow at 8:30am ET. CPI is more important than PPI.Magnificent Seven Money Flows
In the early trade, money flows are positive in Apple Inc NASDAQ:AAPL, Amazon.com, Inc. NASDAQ:AMZN, Alphabet Inc Class C NASDAQ:GOOG, Meta Platforms Inc NASDAQ:META, Microsoft Corp NASDAQ:MSFT, NVIDIA Corp NASDAQ:NVDA, and Tesla Inc NASDAQ:TSLA.
In the early trade, money flows are mixed in SPDR S&P 500 ETF Trust AMEX:SPY and Invesco QQQ Trust Series 1 NASDAQ:QQQ.
Momo Crowd And Smart Money In Stocks
Investors can gain an edge by knowing money flows in SPY and QQQ. Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil. The most popular ETF for gold is SPDR Gold Trust AMEX:GLD. The most popular ETF for silver is iShares Silver Trust AMEX:SLV. The most popular ETF for oil is United States Oil ETF AMEX:USO.
Bitcoin
Bitcoin is range bound.
Protection Band And What To Do Now
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market.
Traditional 60/40 Portfolio
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever Generate Wealth Newsletter.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
| funds | null | null | null |